Crypto market sees $92.53M in liquidations over 24 hours, 61.93% shorts
- —Shorts made up 61.93% of liquidations — $57.31M versus $35.22M in longs
- —XRP topped liquidations at $16.9M, with 70% of that in longs
- —BTC saw $14.32M liquidated, 79% of it in shorts
- —ZEC gained 8.37%, SOL rose 2.79%, XRP fell 0.82%
Why it matters: Short-heavy liquidations alongside BTC's rise to $84,832 suggest sellers are being squeezed, which could extend the rebound.
Source: TokenPost