#Liquidations Bitcoin's Worst Day? 1,446% Liquidation Imbalance Sparks $1.14 Billion Loss
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Jaw-dropping 1,446% liquidation imbalance stuns Bitcoin in 24 hours, $443 million crypto bloodbath
Over the past 24 hours, BTC saw a literal tsunami of long liquidations totaling $415 million - compared to just $28.69 million in shorts - a 1,446% imbalance between the two sides
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The worst of it happened in the early hours, when BTC dipped below $103,000. That move set off a chain reaction of forced liquidations, mostly hitting over-leveraged longs.