$156M liquidated in 24 hours, shorts lead with 54.2%
- —Total liquidations hit $156M: $71.48M longs, $84.5M shorts
- —Shorts exceeded longs by $13.02M, or 54.2% of the total
- —Bitcoin saw $3.28M in long and $11.44M in short liquidations
- —66,222 traders were liquidated; the largest was a $3.35M XRP position
Why it matters: The skew toward short liquidations signals an upside move squeezing sellers, which could reinforce short-term upward momentum.
Source: TokenPost