2026-04-11 09:17:44

⚠️ 24-hour liquidation nearly $180 million, with shorts as the biggest “victims”

Latest data shows that in the past 24 hours, the total liquidation amount across the network is about $179 million.
Among them:
📉 Long positions liquidated approximately $56.29 million
📈 Short positions liquidated approximately $123 million
Main liquidation distribution:
BTC: Long positions liquidated $7.47 million｜Short positions liquidated $42.33 million
ETH: Long positions liquidated $9.26 million｜Short positions liquidated $26.20 million
Additionally, 102,662 people were forcibly liquidated in the past day.
The largest single liquidation occurred on the AVAXUSDT exchange contract, amounting to about $4.49 million.
📊 My observation:
This liquidation structure clearly favors short positions being liquidated, which usually indicates that the market is experiencing a quick rebound or short squeeze in the short term.
In high leverage markets, what truly drives prices is often not news, but the chain reaction caused by the liquidation process.
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