24-Hour Liquidation of $162 Million: How BTC and ETH Became the Main Characters

2026-01-17 01:38:12

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【Bi推】In the past 24 hours, the cryptocurrency market has experienced another “bloodbath.” According to on-chain data, the total liquidation amount across the network reached $162 million, with long positions accounting for the majority ($116 million), and short positions liquidated at $45.261 million.

Specifically, Bitcoin saw long positions wiped out worth $37.9607 million, while short liquidations were only $5.073 million, indicating that recent bottom-fishing longs have suffered losses. Ethereum’s situation is similar, with long liquidations totaling $16.0853 million versus $6.339 million for shorts.

Even more shocking, over 91,000 people were liquidated in just 24 hours, with the most severe case coming from a derivative platform’s BTC-USD contract, where a single loss reached $5.1046 million. Such a scale of liquidation is no longer just stop-loss; it is a direct “clearing out” by the market.

BTC-0,39%

ETH-0,66%

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