$27 Million Crypto Liquidations Hit Shorts as Market Squeeze Signals Rebound

Roughly $27.3 million in leveraged crypto derivatives positions were liquidated over the past 24 hours, with short sellers taking the bulk of the damage—an outcome that typically signals a sharp intraday rebound or a fast squeeze higher across key markets.

Data compiled from CoinGlass shows short liquidations totaled about $16.94 million, accounting for 62.06% of the overall wipeout, while long liquidations came in at approximately $10.36 million (37.94%). Liquidations occur when a trader’s margin no longer meets an exchange’s maintenance requirements, forcing positions to be closed—often…  Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

UP NEXT

Related Tags

Loading RSS Feed

You May Like

Subscribe To Our Newsletter

Metus in ac vivamus dui id purus in risus. Nunc fringilla donec amet pulvinar vivamus suscipit. Augue porttitor eu sed proin tortor bibendum facilisis felis. Nunc egestas tellus nisl tempor aliquet malesuada ali eu sed proin tortor bibendum facilisis felis
Stay Updated by our Monthly / Weekly News Update. Zero Spamming. Terms & Condition Applied