Total Liquidations Reach $349 Million
Cryptocurrency traders faced major losses as total liquidations hit $349 million in the last four hours on December 15, 2025. This figure comes from aggregated data across platforms like Binance, OKX, and Bybit.
Long positions bore the brunt, with $323.44 million wiped out, compared to $25.56 million in short positions. The percentage of long positions liquidated stood at 92.68 percent, showing a heavy bias toward bullish traders caught off guard by price drops.
A separate report confirmed a related spike, noting a $210 million liquidation storm in just one hour during the same period, driven by Bitcoin’s sudden fall to $86,700.
Top Coins Hit Hardest by Liquidations
Bitcoin led the pack with $127.09 million in liquidations over the four-hour span, including $121.93 million from longs and $5.16 million from shorts. Ethereum followed closely at $98.44 million total, with $90.22 million in long positions erased. Solana saw $21.76 million liquidated, mostly longs at $19.02 million.
Other notable coins included XRP and DOGE, though exact four-hour breakdowns for these were less prominent in the data.
Largest Single Order and Exchange Impact
The biggest single liquidation order occurred on Binance for BTCUSDT, totaling $11.58 million. This event highlights the risks of high leverage in volatile conditions. Binance, as the largest exchange by volume, accounted for a significant portion of the activity, but data from multiple platforms confirms widespread impact.
In a parallel snapshot, another aggregator reported 1-hour liquidations at $105.5 million, with a top order of $5.22 million on a different exchange. This supports the pattern of cascading forced sales.
Broader Market Context and Volatility
The liquidations coincided with Bitcoin dropping below $88,000, marking a 1.35 percent decline in 24 hours, per market data. Ethereum also fell below $3,000 briefly. Overall crypto market capitalization dipped 0.5 percent to $3.15 trillion, with 80 of the top 100 coins posting losses.
Analysts link this to low liquidity and expectations around global economic moves, such as potential rate changes. While 24-hour liquidations were lower at $286.29 million in some reports, the four-hour surge points to accelerating downside pressure.
Disclaimer
This article is provided for information only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
