$56.44 million in margin calls across the entire market in 24 hours

Total 24h liquidations hit $56.44M, with shorts at 62.7%. Bearish leverage sentiment raises concerns over potential volatility from short squeezes.

The total amount of margin calls across the entire market in 24 hours reached $56.44 million, with short positions accounting for 62.7% and long positions accounting for 37.3%. The dominance of short positions indicates that the current market leverage sentiment is bearish, putting significant selling pressure on long holders. Given that the total margin call amount exceeds $500 million and short positions make up over 60%, the key concern is whether short position liquidations could trigger a chain reaction and intensify market volatility. Recent news: BTC dropped by 0.2% in 24 hours.