#cryptostats #MarketRebound #SaylorBTCPurchase
š Market-Wide Liquidation Summary
Over $1.159āÆbillion was liquidated across all exchanges in the past 24 hours:
$1.035āÆbillion in longs
$124āÆmillion in shorts cryptometer.io+15binance.com+15binance.com+15
One of the largest single liquidations hit a $201āÆmillion BTC long on Binance-BTCUSDT binance.com+11binance.com+11binance.com+11
~214,000 traders were liquidated in this period binance.com
š° Binance-Specific Metrics
Binance reported $214āÆmillion in liquidations over the past 24 hours:
$68.3āÆmillion long positions
$146āÆmillion shorts coinank.com+15binance.com+15binance.com+15
Also saw a $10āÆmillion BTCUSDT liquidationāa single massive trade binance.com+1binance.com+1
Another update noted $436āÆmillion liquidated:
$54.6āÆmillion longs
$381āÆmillion shorts binance.com+1binance.com+1binance.com+1binance.com+1
š Highlights & Market Implications
Long squeezes dominate: Heavy long-position liquidations suggest a sharp downward correction, triggering forced exits.
High-profile whale blowouts: The $201āÆmillion and $10āÆmillion liquidations signal aggressive leveraged wagersāwhen they unwind, the market ripples hard.
Volatile zone: BTC long-liquidation levels stand near $105.5K, and shorts near $108.1K, indicating key price battlegrounds cryptometer.io+14binance.com+14binance.com+14coinank.com+2binance.com+2coinglass.com+2
Risk signals: Cleanup of leveraged positions often leads to rapid price swingsāeither short-lived pump recoveries or deeper drops.
š What This Means for You
Spot traders: Beware of volatile streaksāuse tight stop-losses around those BTC liquidation levels.
Leverage traders: Watch for squeeze zonesā$105.5K and $108.1K act as likely flashpoints.
Long-term holders: This liquidations purge may present buying opportunities or red flagsāmonitor to decide.