Crypto Liquidations Hit $772M in 24h, BTC & ETH Margin Calls
Crypto liquidations hit $772 million across global perpetual contracts in the past 24 hours, reflecting elevated market volatility. Long positions accounted for $465 million of liquidations, while shorts saw $307 million forced closures. Bitcoin liquidations reached $286 million and Ethereum suffered $190 million in margin calls. The spike in crypto liquidations underscores heightened risk in the derivatives market. Traders should monitor funding rates, open interest, and support levels for signs of short squeezes or rapid trend reversals.
Neutral
Both long and short positions faced significant liquidations, highlighting increased volatility but no clear directional bias. In the short term, heightened crypto liquidations may trigger sharp price swings as forced margin calls drive rapid buying or selling. However, because both bulls and bears were affected, the net effect remains balanced. In the longer term, these liquidations can reset leveraged positions and clear weak hands, potentially stabilizing markets once volatility subsides. Overall, the news is neutral as it signals risk but does not indicate a definitive bullish or bearish trend.