Bulls Absorb 89% of $774 Million Crypto Liquidations as Leverage Unwinds

Crypto Insight Summary: Leveraged bulls took the brunt of a $774.14 million crypto liquidation wave over the past 24 hours, losing $688.56 million. Those traders were caught on the wrong side of the selloff, as macro and geopolitical factors weighed on markets, and a sharp stock rout in Asia added to the strain. Ethereum Longs Paid the Biggest Crypto Insight Analysis: Direction: Bearish ETH / Neutral BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Leverage unwinding and macro pressures caused short-term bearish pressure on ETH.