Crypto derivatives markets saw a clear tilt toward ‘short liquidations’ over the past 24 hours, as modest gains in Bitcoin (BTC) and Ethereum (ETH) forced bearish leverage to unwind across major venues. The pattern points to a market that is still heavily positioned for downside, leaving prices sensitive to rapid squeezes when spot climbs even slightly.
According to CoinGlass liquidation data tracked over the last 24 hours (UTC), Bitcoin posted roughly $1.3 billion in long liquidations versus about $4.9 billion in shorts. Ethereum showed a similar imbalance, with approximately $5.1 billion… Read more
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