Ethereum (ETH) Liquidations Surge: $130M in 1 Hour and $266M in 24 Hours, Binance ETHUSDC Largest at $3.84M

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.