TREE NEWS reports: Over the last hour, total liquidations across crypto exchanges reached $61.14 million, with long positions accounting for $50.41 million and shorts at $10.73 million. Ethereum led with $25.78 million in liquidations, followed by XRP at $7.83 million, according to CoinGlass.
Liquidations Exceed $60M in Past Hour, ETH Leads at $25.78M
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AI take
The lopsided long-to-short liquidation split points to a leveraged long flush rather than a broad two-way deleveraging, with Ethereum and XRP carrying the heaviest forced exits. That concentration matters because it shows where speculative positioning had built up, and it can amplify short-term volatility as positions are cleared. Whether the imbalance persists or reverses in the next readings is the open question worth tracking.
Generated by AI for reference only.
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