Data: Over $80 Million in Liquidations in Last 4 Hours
According to ChainCatcher, Coinglass data reveals that total liquidations across the whole network have reached $81.29 million in the past four hours.
The majority of these liquidations were short positions.
Data source: ChainCatcher, Coinglass.
Market Impact
This notable spike in liquidations highlights recent volatility in the crypto market, particularly affecting traders holding short positions.
Summary
The network saw $81.29 million liquidated mainly from shorts within 4 hours, reflecting heightened market fluctuations according to ChainCatcher and Coinglass data.
Author’s note: The recent surge in liquidations underscores the risks associated with short trading during volatile market conditions.
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