Bottom line: The largest single liquidation in the past 24 hours was a Binance BTCUSDT long liquidation worth about $11.68 million. By comparison, across the market in the past hour, long liquidations totaled about $25.09 million, while short liquidations were just $580,000. Short-term longs have been hit hard.
Spot dual-core: $BTC Binance around 82,827, OKX around 82,840. A single liquidation has already matched nearly half an hour’s worth of long liquidations, while shorts are almost silent.
Is this a short-term shakeout, or the prelude to a trend shift? Which side are you on?
View in real time: https://www.coinboss.com/liquidation-orders