$458.86M LIQUIDATED IN 1 HOUR, LONGS TOOK 94% OF IT
💥 Liquidations: $458.86M was liquidated in the past hour, per CoinGlass, with longs accounting for $431.63M and shorts just $27.23M.
📊 24 hours: Total 24h liquidations reached $725.82M, with 146,277 traders liquidated. The largest single liquidation was a Binance BTCUSDT order worth $6.17M.
📉 Context: BTC dumped from above $80,000 toward $76,600 in a matter of hours, after yesterday's vertical rally, flushing late longs.
💬 The flush cleared the long leverage piled up near the top, leaving the market lighter after the sweep, but anyone who chased longs up high paid a heavy price.
$BTC $ETH $XRP
💥 Liquidations: $458.86M was liquidated in the past hour, per CoinGlass, with longs accounting for $431.63M and shorts just $27.23M.
📊 24 hours: Total 24h liquidations reached $725.82M, with 146,277 traders liquidated. The largest single liquidation was a Binance BTCUSDT order worth $6.17M.
📉 Context: BTC dumped from above $80,000 toward $76,600 in a matter of hours, after yesterday's vertical rally, flushing late longs.
💬 The flush cleared the long leverage piled up near the top, leaving the market lighter after the sweep, but anyone who chased longs up high paid a heavy price.
$BTC $ETH $XRP
