In the past 4 hours, there has been a total of $330 million in liquidations across the network, with the majority coming from long positions.

BlockBeats News, December 16th, according to Coinglass data, the entire network liquidated $330 million in the past 4 hours, with $307 million in long liquidations and $23.2 million in short liquidations.

Notably, when BTC dropped to $86,025.37, a long position worth $11.5819 million was liquidated on the Binance platform, making it the largest single liquidation in the past 24 hours.