#CryptoLiquidations$674MIn24H
๐จ $674M in crypto liquidations hit the market in just 24 hours.
According to the report, around $381M came from shorts, while roughly $292M came from longs.
Ethereum shorts stood out, accounting for about $215M of the total.
But here's the interesting part: liquidations can amplify moves in either direction. Short liquidations add forced buying, while long liquidations add forced selling.
For traders, Iโd want to see real spot demand confirm any move rather than chasing a sudden spike.
What matters now is whether price can hold gains as the forced positioning clears.
Are you watching spot buying, funding rates, or open interest most closely?
#CryptoLiquidations #Bitcoin #Ethereum #CryptoMarket
$LSK
$VTHO
$ETHFI
๐จ $674M in crypto liquidations hit the market in just 24 hours.
According to the report, around $381M came from shorts, while roughly $292M came from longs.
Ethereum shorts stood out, accounting for about $215M of the total.
But here's the interesting part: liquidations can amplify moves in either direction. Short liquidations add forced buying, while long liquidations add forced selling.
For traders, Iโd want to see real spot demand confirm any move rather than chasing a sudden spike.
What matters now is whether price can hold gains as the forced positioning clears.
Are you watching spot buying, funding rates, or open interest most closely?
#CryptoLiquidations #Bitcoin #Ethereum #CryptoMarket
$LSK
$VTHO
$ETHFI
