Crypto liquidations hit $264.6M in 24 hours as altcoin shorts and bitcoin longs get wiped
- —Total 24-hour liquidations reached $264.64 million across 73,155 traders
- —Short liquidations were $136.85 million (51.7%), longs $127.79 million
- —Bitcoin saw $63.78 million liquidated, of which $43.92 million were longs
- —Solana accounted for $22.68 million, with 80% ($18.14 million) in shorts
Why it matters: The split liquidation flow shows altcoins rebounding while bitcoin stalls below $84,000, keeping squeeze risk alive.
Source: Blockmedia