2026-04-11 09:17:44

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

Latest data shows that the total liquidation amount across the network in the past 24 hours is approximately $179 million.
Among them:
📉 Long positions liquidated about $56.29 million
📈 Short positions liquidated about $123 million
Main liquidation distribution:
BTC: Long liquidation $7.47 million｜Short liquidation $42.33 million
ETH: Long liquidation $9.26 million｜Short liquidation $26.20 million
Additionally, in the past day, a total of 102,662 people were forcibly liquidated.
The largest single liquidation occurred on the AVAXUSDT exchange contract, with an amount of 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 cascade.
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