Crypto Liquidations Hit $269 Million in One Hour on Feb. 4; 24-Hour Total Reaches $657 Million

Liquidations totaled $269 million in the past hour on Feb. 4, with $247 million from long positions and $22.54 million from shorts, Coinglass data show. Over the last 24 hours, 159,826 traders were liquidated for $657 million. The largest single liquidation occurred on Binance ETHUSDT at $6.09 million.