How much did BTC liquidations change?

TLDR

BTC liquidations swung sharply this week. Daily totals ranged from roughly $191 million on a down day to $346.67 million on a volatility spike, with the mix flipping between longs and shorts (market update, session recap).

1. On 4 Dec, 24h liquidations were about $223 million, with $209.5 million shorts as price rallied (AMBCrypto).
2. On 5 Dec, market-wide liquidations hit $493 million; Bitcoin accounted for $191 million, mostly longs across the market (daily wrap).
3. On 7 Dec, a whale-driven sell-off liquidated $171 million longs in one hour; 24h total reached $346.67 million (intraday recap).

Deep Dive

1. Longs vs Shorts Rotation

Liquidations flipped direction as price action changed. When BTC spiked, shorts were hit; when BTC fell, longs suffered.

• 4 Dec: Liquidations were $223 million in 24h, with $209.5 million shorts (rally squeeze) (AMBCrypto).
• 5 Dec: Market-wide liquidations $493 million, with $412 million longs (sell-off flush); BTCs share was $191 million (daily wrap).
• 7 Dec: $171 million longs liquidated in one hour during a rapid drop, then $346.67 million over 24h (intraday recap).

2. Magnitude and Triggers

This weeks daily BTC liquidation footprint moved between roughly $191 million and $346.67 million, with intraday spikes when liquidity thinned (daily wrap, intraday recap).

• Indicative thresholds: Above $93,440%%CKPROTECTED2%% implied short liquidations near $1.059 billion across exchanges; below $85,376%%CKPROTECTED6%% implied long liquidations near $980 million (estimates based on liquidation maps) (Binance Square post).
• Smaller windows also registered fast flushes, for example $100 million longs cleared within 30 minutes during a PCE-driven whipsaw (session note).

3. Drivers This Week

Catalysts included macro positioning into the Fed meeting and episodic whale flows.

1. Pre?FOMC risk?on spikes prompted short squeezes (e.g., $209.5 million shorts liquidated on the rally day) (AMBCrypto).
2. Sudden sell?pressure from large wallets triggered rapid long flushes ($171 million in one hour), followed by quick rebounds as spot demand re?entered (intraday recap).

Conclusion

BTC liquidations changed meaningfully over the past week, swinging between roughly $191 million and $346.67 million per day, with the balance flipping between longs and shorts as price direction shifted. The biggest waves clustered near key levels and macro catalysts. Watching price bands near $93k and $85k can help anticipate which side of leverage is most at risk (see the liquidation thresholds in the notice above).