Crypto Liquidations Reach $239M in One Hour, Single BTC Short on Hyperliquid Loses $96.5M

Network-wide liquidations totaled $239 million over the past hour, with short positions accounting for $209 million and long positions $28.57 million, Coinglass data show. Hyperliquid recorded $186 million in liquidations, including $180 million from shorts, with a single BTC short position liquidated for $96.5116 million at $95,694 on November 17 at 22:36. Coinglass noted that Hyperliquid's liquidation figures significantly exceeded those of mainstream centralized exchanges, though potential data reporting discrepancies remain unclear.