Leveraged Longs Take 86.36% of $452.9 Million in 24-Hour Crypto Liquidations

Leveraged long positions took 86.36% of $452.86 million in crypto liquidations over 24 hours. Bitcoin accounted for $176.16 million and Ethereum for $161.51 million of the total. The heavy long liquidation suggests a sharp price drop caught leveraged traders off guard.