TREE NEWS reports: Crypto liquidations totaled $454 million across exchanges in the past 24 hours, with short positions accounting for $366 million of that. Long liquidations reached $87.78 million. Bitcoin saw $175 million in liquidations, while Ethereum had $82.36 million. The largest single liquidation order was $5.27 million on Binance’s BTCUSDT pair.
Crypto liquidations hit $454M in 24h, shorts bear brunt
The liquidation skew toward shorts suggests a sharp upward price move caught leveraged bears off guard, signaling a possible shift in market positioning. The concentration in Bitcoin and Ethereum indicates the squeeze was driven by major assets rather than altcoin speculation. With $366M in short liquidations, the question is whether this forces a broader deleveraging cycle or if fresh shorts will re-enter at these levels, which could set up another volatility spike.
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