$458 million liquidated across crypto in 24 hours, 62% shorts
- —Total 24-hour liquidations: $458 million
- —Shorts: $283 million; longs: $175 million
- —BTC liquidations: $166 million; ETH: $92.4 million
- —Largest single liquidation: $20.86 million on Hyperliquid BTC-USD
Why it matters: The skew toward short liquidations signals a sharp price move higher and a squeeze of sellers, adding to near-term volatility.
Source: PANews