According to Coinglass data, rapid market movements triggered $126 million in crypto liquidations within four hours on March 4, with short positions accounting for the overwhelming majority of forced closures.
According to Coinglass data, the cryptocurrency market recorded $126 million in liquidations within a four-hour window on March 4. Of the total, $7.39 million were long positions while $119 million were short positions, indicating that traders betting on falling prices were heavily impacted by rapid market movements. The update follows a similar volatility event on March 3, when $179 million in positions were liquidated during a four-hour period, including $47.07 million in long positions and $133 million in short positions. The repeated liquidation spikes highlight ongoing volatility in leveraged crypto trading markets.