Over 101,000 crypto positions liquidated in 24 hours
- —101,292 positions liquidated in 24 hours, per Whale Insider
- —Total liquidations estimated at $114M–$202.7M across data sources
- —Event reflects a deleveraging phase in crypto derivatives
Why it matters: Heavy liquidations signal falling leverage, which can either deepen the selloff or set the stage for a rebound.
Source: Crypto Briefing