Crypto markets saw a wave of forced deleveraging over the past 24 hours, with roughly $4.73 billion in leveraged positions liquidated as a short-term rebound punished both sides of the trade—slightly more so for those positioned for downside. The scale of liquidations underscores how quickly ‘leverage’ has rebuilt across majors and high-beta altcoins, leaving traders vulnerable to sharp intraday swings.
Aggregated liquidation data showed long liquidations totaling about $2.27 billion, while short liquidations reached approximately $2.46 billion. Shorts accounted for around 51.9% of the… Read more







