Roughly $410.13 million in leveraged crypto positions were liquidated over the past 24 hours, underscoring a renewed bout of volatility that has whipsawed both directional bulls and bears across major venues.
Data compiled from CoinGlass showed long liquidations reached about $257.72 million, accounting for 62.79% of the total, while short liquidations came in at $152.41 million, or 37.21%. The imbalance suggests the day’s sharp moves ultimately punished traders positioned for continued upside, even as pockets of short squeezes emerged on specific exchanges.
Over the most recent four-hour… Read more
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