According to Coinglass data reported by COINOTAG News on December 17, the crypto market is showing elevated liquidity stress, with about $130 million in liquidations recorded over the past hour. Of that total, $21.25 million pertained to long positions and $109 million to short bets, underscoring a sharp tilt in market risk sentiment and the dominance of leveraged downside exposure.
Over the last 24 hours, the global liquidations count reached 97,763 traders, representing roughly $266 million in notional value. The most sizable single liquidation occurred on Binance for an ETHUSDC position, at approximately $3.8396 million, illustrating renewed volatility and risk concentration in major venues.
Source: https://en.coinotag.com/breakingnews/ethereum-eth-liquidations-surge-130m-in-1-hour-and-266m-in-24-hours-binance-ethusdc-largest-at-3-84m
