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COINOTAG News, citing Coinglass data, reports that in the past hour the total liquidations stood at $41.47 million, comprised of $40.48 million in long positions and $0.99 million in short positions. The snapshot reinforces ongoing crypto market volatility and highlights the importance of disciplined risk management for leveraged traders, particularly in BTC-USD markets.
On the 24-hour horizon, roughly 160,289 traders were liquidated globally, totaling about $539 million. This scale underscores the sensitivity of crypto markets to rapid deleveraging and the material impact on market participants.
Among venues, the largest single liquidation occurred on Hyperliquid for BTC-USD, at $8.5337 million, illustrating liquidity concentration risk and the outsized impact of extreme moves on individual platforms.
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