According to COINOTAG News, citing Coinglass data on December 1, the crypto market saw intense activity over the past four hours, with total liquidations reaching $4.35 billion. Long positions accounted for the bulk of the pressure at $4.24 billion, while short liquidations totaled about $11.43 million, signaling a broad deleveraging dynamic across assets.
Over the last 24 hours, 179,416 traders were liquidated, equating to roughly $535 million in aggregate. The most significant single liquidation occurred on the Binance ETHUSDC pair, at about $14.48 million, underscoring concentration risk in high-utilization markets.
Market participants should monitor ongoing liquidity trends and risk limits as volatility persists. For readers tracking risk metrics, the current data reinforce the importance of robust position sizing and adherence to stop-loss strategies in contending with rapid directional moves.
Source: https://en.coinotag.com/breakingnews/eth-liquidations-surge-to-4-35b-in-4-hours-as-binance-ethusdc-single-liquidation-hits-14-48m
