🚨Breaking:
In the past 24 hours, liquidation across the entire network totaled approximately $1.19 billion, of which longs accounted for $1.05 billion.
ETH liquidation was $350 million, higher than Bitcoin’s $304 million.
This round mainly targeted bullish leverage.
$ETH had both a higher percentage drop and a higher liquidation amount than Bitcoin, indicating that long positions are more crowded and under heavier pressure.
In the past 24 hours, liquidation across the entire network totaled approximately $1.19 billion, of which longs accounted for $1.05 billion.
ETH liquidation was $350 million, higher than Bitcoin’s $304 million.
This round mainly targeted bullish leverage.
$ETH had both a higher percentage drop and a higher liquidation amount than Bitcoin, indicating that long positions are more crowded and under heavier pressure.