Crypto short liquidations hit $665.8 million in 24 hours
- —Short liquidations over 24 hours totaled $665.81 million, with overall losses at $789.57 million
- —Bitcoin and Ethereum positions absorbed the largest losses
- —Altcoin sellers, including XRP, lost more than $30 million
- —Key liquidity zones sit at $86,385 for BTC and $2,757 for ETH
Why it matters: A short squeeze of this scale reinforces upward momentum and signals a shift toward buyer positioning.
Source: Coin Türk