$78.79M in Liquidations Highlight Pressure on Shorts

Crypto markets saw approximately $78.79 million in liquidations over the last 24 hours, with short positions making up the bulk of the total.

The imbalance suggests that bearish positioning is losing strength, even as overall leverage remains high.

Key insight:

When liquidations skew heavily toward shorts, it often signals a setup for expanded volatility rather than an immediate trend reversal.

However, it does ease short-term sell pressure by forcing bearish leverage out of the system.
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