TREE NEWS update: In the past 24 hours, the crypto market saw $260 million in total liquidations, with long positions accounting for $124 million and short positions $135 million. This indicates high market volatility and forced deleveraging across major exchanges.
Crypto Liquidations Hit $260M in 24 Hours, Longs and Shorts Split
AI take
The near-even split between long and short liquidations signals a market caught in violent two-way volatility rather than a one-sided capitulation. This suggests positioning is being aggressively reset on both sides, and the forced deleveraging is likely to amplify short-term price swings. The key question is whether this clears out enough leverage to stabilize the market, or if it marks the beginning of a broader deleveraging cycle across major exchanges.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
Binance: Hourly Deposits Now Exceed Withdrawals
2h ago
China A-share CPO stocks extend decline; Zhongji Innolight falls over 9%, breaks below 500 yuan
3h ago
Unigroup Guoxin affiliate sets up Beijing semiconductor firm with 10M yuan capital
5h ago
Binance to Restore Some Withdrawals at 04:00 UTC Nov 3
6h ago
South Korea urges crypto exchanges to raise cold storage after Binance hack
7h ago
North Korea Rejects US Crypto Theft Allegations