Crypto Market Sees $97.3M Liquidations in 4 Hours, Longs Account for 93%
The cryptocurrency market recorded $97.3 million in liquidations over a 4-hour period on Dec. 5, with long positions accounting for $90.4 million and short positions for $6.89 million, Coinglass data show. Over the past 24 hours, 113,512 traders were liquidated globally, with total liquidations reaching $350 million. The largest single liquidation occurred on Hyperliquid's FARTCOIN-USD pair, valued at $5.41 million.
