Crypto market sees $440.57M in liquidations over 24 hours, 75% longs
- —24-hour liquidations hit $440.57M: longs $331.4M (75.22%), shorts $109.17M
- —BTC -2.02% to $84,479; ETH -2.64% to $2,676; SOL -2.80%; XRP -4.93%
- —Largest liquidations: BTC $171.82M (76% longs), ETH $119M (80% longs)
- —ZEC was the outlier with $31.3M liquidated, 65% of it shorts
Why it matters: The long-heavy wipeout signals a broken uptrend and rising selling pressure across major assets.
Source: TokenPost