$BTC Today's BTC and ETH liquidation summary: longs and shorts both got caught up in the action 🤣
Over the past 24 hours, total liquidations across the market reached $960 million, with more than 126,000 traders liquidated. Short positions accounted for $583 million, or 60.7% of the total—well above the $378 million in long liquidations.
By coin, BTC liquidations totaled $393 million, with shorts accounting for as much as 79.2%. ETH liquidations totaled $241 million, with shorts making up 56.9%. This shows that shorts faced greater liquidation pressure during this rally, especially in BTC, where a clear short squeeze took place.
Key market signal: The large BTC and ETH short liquidations suggest that as prices broke upward, short stop-losses and forced liquidations may have fueled further gains, creating a short-term short squeeze.
This rally was driven not only by buying pressure but also by a large number of shorts being forced out. In the short term, the bulls have the upper hand.
#TRUMP代币24小时跌18.1%创历史新低 #美国中期选举：市场有哪些期待？
Over the past 24 hours, total liquidations across the market reached $960 million, with more than 126,000 traders liquidated. Short positions accounted for $583 million, or 60.7% of the total—well above the $378 million in long liquidations.
By coin, BTC liquidations totaled $393 million, with shorts accounting for as much as 79.2%. ETH liquidations totaled $241 million, with shorts making up 56.9%. This shows that shorts faced greater liquidation pressure during this rally, especially in BTC, where a clear short squeeze took place.
Key market signal: The large BTC and ETH short liquidations suggest that as prices broke upward, short stop-losses and forced liquidations may have fueled further gains, creating a short-term short squeeze.
This rally was driven not only by buying pressure but also by a large number of shorts being forced out. In the short term, the bulls have the upper hand.
#TRUMP代币24小时跌18.1%创历史新低 #美国中期选举：市场有哪些期待？
