
Bitcoin Perp Liquidations Hit $104M, Longs Take 74.5% of Losses
- —BTC perp liquidations totaled $104.16 million in 24 hours
- —Longs accounted for 74.52% of the losses
- —Data aggregated across major derivatives venues
Why it matters: The long-heavy liquidation mix signals seller pressure and raises the risk of further downside if spot demand stays weak.
Source: Coinotag