PUMP is down only about 8.5%, so how have long liquidations already outpaced short liquidations by more than 12x?

Binance: about $0.00419 (-8.5320%); OKX: about $0.00420 (-8.5857%). Total liquidations over the past 24 hours were about $4.25 million across 977 trades: roughly $3.92 million in longs and $320,000 in shorts, a ratio of about 12.2x. Open interest was about 75.37 million on Binance and 24.37 million on OKX; longs accounted for about 52% of accounts. Funding rates were slightly positive, so longs were paying—but longs were still the first to get liquidated.

The price drop looks ordinary, but the liquidation ratio doesn’t—this gap is worth watching on its own.

#PUMP #合约行情 #多空比 #Liquidations

A gap of more than 12x in long liquidations—is this more like a high-leverage cascade, or is the move not over yet? What do you make of these numbers?

View live: https://www.coinboss.com/currencies/PUMP