Liquidations in the crypto market over the last 24 hours have hit $1.23 billion. Of this, longs account for a hefty $1.08 billion (with Bitcoin making up over 60%), while shorts are only at $142.75 million. Data from #Coinglass.
Another billion in liquidations, and it wasn't long ago that we saw this - on May 28, $922 million was liquidated, with longs at $849.66 million. And here we are again, trimming the optimists.