Crypto Liquidations Hit $82.58M in 24 Hours, Longs and Shorts Both Wiped

What stands out is the near-parity between long and short liquidations, with shorts actually taking the larger share — a signature of a two-way, choppy tape rather than a one-directional flush. The modest Bitcoin and Ethereum figures relative to the total suggest the damage was concentrated in smaller or more exotic instruments, underscored by the single largest liquidation landing on a non-major pair. Whether that dispersion persists, or consolidates into the majors, is the open question worth watching.