Crypto liquidations hit $267.6M in 24 hours, 56% shorts
- —Total 24-hour liquidations reached $267.59 million, with $150.05 million in shorts
- —BTC liquidations totaled $46.39 million, ETH $46.09 million, about 35% combined
- —ZEC shorts lost $19.06 million versus $2.39 million in longs
- —83,661 traders were liquidated; the largest single order was $4.41 million on Binance ETHUSDT
Why it matters: Short-heavy liquidations signal strong buying pressure and could fuel further upside in BTC and altcoins in the near term.
Source: Blockmedia