Over $376M in crypto positions were liquidated in the past hour, with $346.6M coming from shorts.
The imbalance is notable: short sellers are taking the majority of the damage as the market moves against bearish positions.
The largest reported liquidation was an $18.73M BTC short over the past 24 hours.
With this much leverage being wiped out in such a short period, traders should watch for further short squeezes if buying momentum continues.
$BTC
The imbalance is notable: short sellers are taking the majority of the damage as the market moves against bearish positions.
The largest reported liquidation was an $18.73M BTC short over the past 24 hours.
With this much leverage being wiped out in such a short period, traders should watch for further short squeezes if buying momentum continues.
$BTC