Around 90% of today's UTC liquidations were longs—don't spin it as “shorts got squeezed again.”

Of roughly 90 million liquidated so far, longs accounted for about 94%—around 40 million in BTC, almost entirely longs, and around 16 million in ETH, also mostly longs. A pullback wiping out longs ≠ shorts getting crushed while the rally continues.

Do you think this is normal deleveraging, or a trend reversal?
$ETH $SOL $BNB
#资金面 #Liquidations