Crypto Liquidations Hit $130M in Past Hour, Shorts Account for $109M

Crypto market liquidations totaled $130M in the past hour, with short positions accounting for $109M and long positions for $21.2506M, Coinglass data show on December 17. Over the last 24 hours, 97,763 traders were liquidated worldwide for a combined $266M, with the largest single liquidation on Binance's ETHUSDC pair valued at $3.8396M, BlockBeats reported.