The squeeze on crypto shorts is still growing. Over the last 60 minutes, $296.7M of leveraged positions were closed by force across 806 coins on the major venues, and 96% of it, $284.0M, belonged to traders betting on lower prices. At our 14:51 UTC alert, the same 60 minute window stood at $92.6M.
Ether took the most damage, with $136.9M of $ETH shorts liquidated against $110.0M for $BTC . The two largest single closures were both Ether shorts on Htx at 15:04 UTC, worth $38.0M and $15.7M.
$BTC trades at $80,478, 4.22% higher over 24 hours, with a session low of $75,690. $ETH is at $2,438, up 6.87%.
Ether took the most damage, with $136.9M of $ETH shorts liquidated against $110.0M for $BTC . The two largest single closures were both Ether shorts on Htx at 15:04 UTC, worth $38.0M and $15.7M.
$BTC trades at $80,478, 4.22% higher over 24 hours, with a session low of $75,690. $ETH is at $2,438, up 6.87%.
