Crypto market sees $190.22M in leveraged liquidations over 24 hours, 71% shorts
- —24-hour liquidations: $190.22M, shorts 70.98% ($135.02M), longs $55.2M
- —BTC: $61.36M liquidated, 78% shorts; price $86,454 (+1.15%)
- —ETH: $43.54M liquidated (63% shorts), price $2,753 (+0.70%)
- —ZEC: $20.03M liquidated, 90% shorts; ZEC up 8.07% on the day
Why it matters: Short-dominated liquidations signal a squeeze that supports near-term upside in BTC, ETH, XRP and ZEC.
Source: TokenPost