Markets· ★★★· bearish·

$309M in long positions liquidated across crypto market in 24 hours

  • —About $309 million in long positions were liquidated in 24 hours
  • —Binance, OKX, Bybit and Hyperliquid saw the heaviest liquidations
  • —BTC and ETH absorbed the largest share, altcoins contributed less
  • —The event is mid-tier: September saw days above $600 million
Why it matters: Forced selling from liquidations adds pressure to an already falling market and can accelerate a deeper correction.
Source: Crypto Briefing