
Crypto liquidations hit $400M in 24 hours, longs account for $298M
- —Total 24-hour liquidations reached $400 million
- —Longs accounted for $298 million, shorts for $102 million
- —92,268 traders were liquidated
- —Largest single liquidation was $11.49 million on Binance's ETHUSDT pair
Why it matters: The skew toward long liquidations signals pressure on buyers and raises the risk of further downside.
Source: ChainCatcher 链捕手