Million

<p>The crypto derivatives market just experienced a sharp liquidation wave, with nearly $400 million wiped out over the past 24 hours, and short positions taking the overwhelming share of the damage.</p>
<p>According to the data, total liquidations reached $397.04 million in the last day. Of that amount, $330.70 million came from shorts, while only $66.34 million was attributed to long positions. This imbalance clearly shows that traders positioned for downside were caught off guard by upward price moves.</p>
<h3 id="breakdown-across-timeframes">Breakdown Across Timeframes</h3>
<ul>
 <li aria-level="1">1 hour: $6.90M liquidated 
  <ul>
   <li aria-level="2">Longs: $819.85K</li>
   <li aria-level="2">Shorts: $6.08M</li>
  </ul></li>
 <li aria-level="1">4 hours: $31.71M liquidated 
  <ul>
   <li aria-level="2">Longs: $3.70M</li>
   <li aria-level="2">Shorts: $28.02M</li>
  </ul></li>
 <li aria-level="1">12 hours: $274.82M liquidated 
  <ul>
   <li aria-level="2">Longs: $49.95M</li>
   <li aria-level="2">Shorts: $224.86M</li>
  </ul></li>
 <li aria-level="1">24 hours: $397.04M liquidated 
  <ul>
   <li aria-level="2">Longs: $66.34M</li>
   <li aria-level="2">Shorts: $330.70M</li>
  </ul></li>
</ul>
<p>The heaviest damage occurred during the 12-hour window, suggesting a sustained move rather than a single short-lived spike.</p>
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<h3 id="what-this-signals-for-the-market">What This Signals for the Market</h3>
<p>When short liquidations dominate to this extent, it typically points to forced buying pressure. As prices move higher, short sellers are compelled to close positions, which accelerates upside momentum and amplifies volatility.</p>
<p>This type of liquidation profile often appears:</p>
<ul>
 <li aria-level="1">During short squeezes</li>
 <li aria-level="1">Near range breakouts</li>
 <li aria-level="1">When market sentiment is overly bearish and positioning becomes crowded</li>
</ul>
<p>While liquidation spikes don’t guarantee continued upside, they do indicate that the market has just flushed out a large portion of bearish leverage.</p>
<h3 id="bottom-line">Bottom Line</h3>
<p>The data shows a clear message: the market moved against consensus bearish positioning. With shorts heavily cleared out, the next phase will depend on whether spot demand and fresh long positioning step in, or if momentum fades once forced buying subsides.</p>
<p>Either way, leverage has been reset aggressively, and that alone changes the short-term market landscape.</p>
<p>The post <a href="https://www.ethnews.com/short-sellers-hit-hard-as-liquidations-near-400-million/">Short Sellers Hit Hard as Liquidations Near $400 Million</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.</p>

Short Sellers Hit Hard as Liquidations Near $400 Million

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