In the past 24 hours, the entire network liquidated a total of $1.09 billion, with shorts accounting for 81%.
Binance had the biggest liquidations at $400 million. OKX, Hyperliquid, and Bybit are all between $120 million and $170 million.
The most ruthless is Hyperliquid: of the $150 million liquidated, 94% were short positions; Binance is only 83%. The more crowded the shorts are on an exchange, the worse it gets in this round.
Their single biggest order amount is $140 million, which is 60% more than Binance’s 86 million. Everything that got liquidated was all big short positions.
Do you think this round of squeeze is coming to an end?
#爆仓 #Hyperliquid #squeeze
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Check in real time: https://www.coinboss.com/liquidations