ETH Unleashes a BIG WAVE of LIQUIDATION !
Total liquidations surged 78.8% in one day, exceeding $75 million, while open interest dropped 0.35% to $66 million. This included $43.9 million in long positions and $31.6 million in short positions being liquidated.
ETH dominated with over $19 millions in liquidations—$5.6 million in longs and $13.5 million in shorts—far surpassing Bitcoin's $8.2 million. This surge highlights Ethereum's prominence in the crypto market.
