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Crypto

Over $114M Liquidated in 4 Hours, Longs Hit Hard

In the past four hours, the total liquidation amount across the crypto market reached $114 million, with long positions bearing the brunt at $105 million, while shorts saw $8.25 million liquidated. ETH and BTC accounted for approximately $35 million and $26.5 million of the liquidations, respectively.

Original source

AI take

The asymmetry here is the story: longs absorbing roughly thirteen times the short liquidations suggests a leveraged market positioned for upside just as price moved against it. The concentration in ETH and BTC shows the pain sits in the deepest, most liquid corners rather than in speculative altcoins, which points to a broad de-risking rather than an isolated squeeze. Whether the long side rebuilds leverage quickly, or stays defensive, is the open question worth watching.

Generated by AI for reference only.

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