Roughly $200 million in leveraged crypto positions were liquidated over the past 24 hours, with the bulk coming from short positions—a dynamic that helped trigger a series of fast, localized rallies across altcoins even as Bitcoin (BTC) failed to establish a clear upward trend. Data cited in the report showed total liquidations at about $199.87 million, split between $76.97 million in long liquidations and $122.90 million in short liquidations.
Source: Read the original article
