COINOTAG News reports, citing Coinglass data, that in the last four hours the crypto market tallied about $320 million in liquidations. The breakdown shows roughly $296 million in long positions liquidated and $24.39 million in short positions, underscoring a decisive shift among leveraged traders on December 1st.
Analysts note that this liquidation snapshot highlights the risk dynamics facing traders and the need for robust risk controls. While most losses stemmed from long liquidations, the data reinforces the volatility inherent in crypto markets and the importance of prudent margin management and execution discipline during high-magnitude moves.
Source: https://en.coinotag.com/breakingnews/blockbeats-320-million-crypto-liquidations-across-the-market-in-4-hours-longs-exceed-shorts
