Cryptocurrency markets saw a sharp wave of forced deleveraging over the past 24 hours, with roughly $315.32 million in leveraged positions liquidated—a reset that briefly rattled sentiment but ultimately coincided with a rebound led by Ethereum (ETH) and major altcoins.
The liquidation event mattered less for the headline number than for what it revealed about positioning: the market had become heavily tilted toward short-term upside bets, and that imbalance unwound quickly. Around 86.3% of the liquidations were concentrated in long positions, signaling that crowded bullish trades were… Read more








