All network liquidations: $296 million, long positions liquidated $156 million, short positions liquidated $140 million, and nearly 74,000 people exited.
The long-to-short liquidation ratio is close to 1:1 ($156 million vs $140 million). This indicates that in the past 24 hours, the market experienced an extremely violent sequence—an initial sharp spike upward followed by a heavy sell-off.
“Long-and-short liquidations” is the clearest signal of a shakeout.
Two-way liquidations mean the high-level standoff has reached a critical point, and the chips from retail chasing gains and panic selling have been forcibly cleared out. With no longer a $300 million leverage hurdle, the market can then form a truly directional trend $BTC
The long-to-short liquidation ratio is close to 1:1 ($156 million vs $140 million). This indicates that in the past 24 hours, the market experienced an extremely violent sequence—an initial sharp spike upward followed by a heavy sell-off.
“Long-and-short liquidations” is the clearest signal of a shakeout.
Two-way liquidations mean the high-level standoff has reached a critical point, and the chips from retail chasing gains and panic selling have been forcibly cleared out. With no longer a $300 million leverage hurdle, the market can then form a truly directional trend $BTC