Markets· ★★★· bearish·

About $270M liquidated from crypto market in 24 hours, 63% longs

  • —About $270M liquidated, 63% were longs
  • —Largest single liquidation: $4.6M on ETHUSDT
  • —Aggregator estimates ranged from $210M to $428M
  • —September daily liquidation volumes hit $351M–$690M
Why it matters: The liquidation wave highlights heavy leverage in perpetual futures and the risk of cascades as BTC trades in a $75,000–$87,000 range.
Source: Crypto Briefing