Crypto Market Sees $52M in Liquidations Over 4 Hours, Coinglass Reports

According to Odaily, citing Coinglass data, approximately $52.17 million worth of positions were liquidated across the crypto market in the past four hours. Of the total, $38.41 million were short positions, while $13.76 million came from long positions.The sharp liquidation activity suggests heightened volatility and rapid price movements across major cryptocurrencies. Such liquidations often occur during sudden market reversals, amplifying short-term price swings and leverage risks across trading platforms.