TREE NEWS reports: Crypto exchanges liquidated $522 million across the market in the past four hours, with short positions accounting for $350 million and long positions $172 million, Coinglass data shows. ETH liquidations totaled $268 million and BTC liquidations reached $161 million, making ether the largest single contributor to the wipeout.
Crypto liquidations top $522M in 4 hours, ETH accounts for $268M
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AI take
The skew toward short liquidations matters more than the headline total: it signals a sharp upward move that caught bearish positioning offside, not a broad deleveraging. Ether absorbing the largest share reinforces that it, not bitcoin, is driving this leg of volatility. Whether shorts keep getting squeezed or the move fades into fresh long liquidations is the open question worth watching.
Generated by AI for reference only.
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