For VIRTUAL, funding rates are slightly positive and the account long/short ratio is almost even at about 49%/51%. Over the 12-hour window, roughly $6,350 in longs were liquidated, with almost no shorts liquidated. The positioning structure isn't skewed long, yet the liquidation imbalance overwhelmingly hit longs.

Binance: about $0.61880000 (-3.4480%); OKX: about $0.61890000 (-3.4327%). Over 12 hours, about $6,350 in longs and almost $0 in shorts were liquidated, for a total of about $6,350 across 2 trades. Over 24 hours, about $158,100 in longs and about $669 in shorts were liquidated. Open interest: about 12.0231 million on Binance and 1.9598 million on OKX; aggregate funding rate: about 0.0046%.

Down about 3.4%, with funding rates still slightly positive and accounts not particularly crowded on the long side, yet liquidations hit almost exclusively long positions. This looks more like a few highly leveraged longs getting stopped out during the pullback than a market-wide, one-sided long squeeze.

#VIRTUAL #资金费率 #多空比 #Liquidations

Funding rates are slightly positive and the long/short ratio is nearly 50/50, yet over the past 12 hours liquidations have been almost entirely on the long side—is this a localized high-leverage cascade in VIRTUAL, or just a random one-sided event due to a small sample size?

View in real time: https://www.coinboss.com/currencies/VIRTUAL