Conclusion up front: in the past hour, $17.31 million was liquidated. On Hyperliquid, $2.69 million of liquidations were all shorts—those who chased the downside were carried out first.

Binance had $6.3 million liquidated, accounting for 36% of this hour; OKX had $3.47 million, with Hyperliquid in third. Together, the three platforms made up about 70% of the whole network, and most liquidations were concentrated on major exchanges.

Hyperliquid’s 213 liquidations had not a single one that was long—indicating that during this period it wasn’t a long squeeze. Instead, shorts were concentrated liquidating in the rebound. On Binance and OKX as well, the short amounts were far higher than the long amounts, and the direction was very consistent.

$BTC

#交易所爆仓 #Hyperliquid #shorts

Shorts have been liquidated in a row—do you think the rebound isn’t over yet?

View in real time: https://www.coinboss.com/liquidations