In the last 24 hours (today), total crypto liquidations are roughly:
👉 About $437 million liquidated
Breakdown:
Longs: ~$196 million
Shorts: ~$241 million
Traders liquidated: ~158,000 people
Key insight (important for your trading):
More shorts got liquidated than longs → meaning the market likely pushed up unexpectedly (short squeeze)
This aligns with recent volatility around BTC & ETH, where leveraged traders got caught offside
Context:
Just yesterday was ~$336M
Today is higher, showing increasing volatility and leverage pressure