$BTC · 3.7x the usual day of liquidations, mostly shorts forced out


Liquidations over 24h ran at 3.7x the average of the previous days. Shorts made up 64% of the total, with BTC, ETH and SOL leading. The largest single order was a BTC short of $11.4M.

IDOL paid the highest funding at 0.028%, while WLD was the lowest at -0.044%.

BTC open interest stood at $7.81B and BTC gained 3.0%. ETH open interest rose 5.7% as price climbed. HYPE slipped in price.

What's your read on $BTC here?

$BTC $ETH $SOL #CryptoMarket #Liquidations
Not financial advice. Futures are high-risk.