⚠️ 180M USD Liquidated in 24 Hours, Shorts as the Biggest "Victims"

Latest data shows that approximately 179 million USD was liquidated across the entire network in the past 24 hours.
Among them:
📉 Long positions liquidated about 56.29 million USD
📈 Short positions liquidated about 123 million USD
Main liquidation distribution:
BTC: Longs liquidated 7.47 million USD | Shorts liquidated 42.33 million USD
ETH: Longs liquidated 9.26 million USD | Shorts liquidated 26.20 million USD
Additionally, a total of 102,662 people were forcibly liquidated in the past day.
The largest single liquidation occurred on the AVAXUSDT contract exchange, amounting to about 4.49 million USD.
📊 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 liquidation cascades.
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