This move in ETH isn’t just a simple pullback—the bulls are the first to buckle.
Over the past 24 hours, total liquidations across the crypto market reached $206 million. Longs accounted for $126 million, or 61.4%. BTC led with $70.25 million in liquidations, followed by $45.83 million for ETH and $12.8 million for ZEC. The largest single liquidation was a BTC short on Hyperliquid, worth about $4.987 million.
ETH liquidations are 3.6 times those of ZEC, with leverage pressure concentrated mainly in major coins. If you’re still chasing longs, keep an eye on your positions and stop-losses—don’t turn expectations of a rebound into stubbornly holding on.
Do you think ETH liquidations are not over yet, or are they nearing completion?
$ETH $BTC
View in real time: https://www.coinboss.com/liquidations