Crypto liquidations hit $192M in 24 hours as 92% of last-hour losses were longs
- —24-hour liquidations totaled $192.23 million, up 68.16% on the day
- —Last-hour liquidations reached $18.35 million, with $16.88 million (92%) in longs
- —ETH led 24-hour liquidations at $28.21 million, followed by BTC at $28.08 million
- —Open interest rose 0.67% to $152.58 billion as volume climbed to $134.28 billion
Why it matters: With PCE and US jobs data due, crowded longs mean a break below $83,000 support could trigger a fresh wave of liquidations.
Source: Blockmedia