Crypto market sees $193.3M in liquidations over 24 hours, 62.77% longs
- —24-hour liquidations totaled $193.32M: $121.35M longs and $71.97M shorts
- —Ethereum topped the list with $61.68M liquidated, 55% of it shorts
- —Bitcoin saw $47.97M in liquidations, 65% of which were longs
- —Zcash lost $29.08M, 75% longs; BTC traded at $83,552 (+0.23%), ETH at $2,690 (+0.57%)
Why it matters: Longs dominating liquidations while BTC and ETH barely move signals cautious positioning and leaves room for further downside if support breaks.
Source: TokenPost