Crypto derivatives traders saw another bout of forced risk-off over the past day, with more than $111 million in leveraged positions wiped out as volatility rippled through major tokens and a handful of thinner, theme-driven altcoins.
According to CoinGlass data compiled over the last 24 hours, total liquidations reached roughly $111.7 million. Long positions accounted for about $86.7 million, while short positions totaled around $25.0 million—indicating that, across the full-day window, downside moves and pullbacks did more damage to bullish leverage than to bearish bets.
Shorter-term… Read more
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