$440 Million Crypto Liquidations Skew Short, Signaling Volatile Two-Way Market

Roughly $440.6 million in leveraged crypto positions were liquidated over the past 24 hours, underscoring how quickly risk is being flushed out even as headline price moves remain relatively contained. The imbalance in liquidations—tilting toward shorts being forced out—suggests choppy, two-way trading rather than a clean continuation of the recent pullback.