24h liquidations topped $530M as shorts were wiped out heavily, but the 1h data is starting to warn of post-squeeze volatility.

📌 Over the past 24 hours, the crypto market recorded $530.56M in liquidations, affecting 120,644 traders. This scale shows that leverage was flushed aggressively after a major volatility move, with the largest single liquidation order coming from $ETHUSDT at $11.77M.
🔎 The broader picture still points to a short squeeze, with short liquidations reaching $362.92M, far above long liquidations at $167.64M. This suggests that the upward move was strong enough to force a wave of short position closures, adding more fuel to the short-term rally.
📊 $BTC remained the main liquidation center with $253.28M, far ahead of the rest of the market. $ETH ranked second with $134.35M, while Others accounted for only around $27.24M, showing that this volatility wave was still concentrated mainly in the two leading assets rather than spreading evenly across altcoins.
⚠️ Even though the 24h data leans positive, the 1h frame shows long liquidations at $19.98M, higher than shorts at $6.04M. This is a signal to stay cautious, as after a strong short squeeze, the market can easily see shakeouts, profit-taking, or a sweep of late FOMO longs.
✅ The more reasonable approach now is to keep watching how $BTC and $ETH react around nearby price zones instead of chasing after a large move. If shorts keep getting wiped out while 1h long liquidations do not spike, momentum may continue; otherwise, if long liquidations expand across the 1h–4h frames, short-term pullback risk will increase.
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