2026-01-15 22:08:33

Market experiences intense volatility, with over 100,000 traders facing liquidation

The cryptocurrency market yesterday saw a "bloodbath," with liquidation volumes reaching new highs. According to on-chain data, the total liquidation in the past 24 hours exceeded $500 million, with long positions accounting for the majority at $384 million and short positions at $130 million—indicating a severe imbalance between longs and shorts.

Specifically, BTC liquidations amounted to $118 million, while ETH was the "hardest hit," with liquidations reaching $177 million. About 150,000 traders were directly wiped out in this market move, making it a slaughter.

The most extreme case involved a single liquidation order of $11.08 million, making it a "chosen one." Such extreme cases are rare but reflect the fierce leverage used in the market.

From the data, long position liquidations far exceeded short position liquidations, indicating that traders who were bullish earlier were hit hardest. This also serves as a warning to everyone—the crypto market is inherently volatile, and blindly increasing leverage can easily lead to being wiped out by market makers in one sweep.

BTC-0,62%

ETH-0,12%

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