In the past 4 hours, a total of $330 million in positions were liquidated across the entire network, mainly long positions.

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According to Coinglass data, on December 16, a total of $330 million in positions were liquidated across the network in the past 4 hours, including $307 million in long positions and $23.2 million in short positions.

It is worth noting that when BTC fell to $86,025.37, a long position worth $11.5819 million was liquidated on the Binance platform, which is also the largest liquidation in the past 24 hours.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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