$875 million liquidation in 24 hours! Bitcoin long positions wiped out, whales' single order exceeds $25 million

YieldWhisperer · 2026-01-19T08:38:12+00:00

In the past 24 hours, the cryptocurrency market experienced intense volatility, with total liquidation amounts reaching $875 million, mostly from long positions. The liquidation of long positions in Bitcoin and Ethereum was particularly severe, with 249,388 users involved in forced liquidations, and the largest single liquidation reaching $25.83 million.

YieldWhisperer

2026-01-19 08:38:12

Abstract generation in progress

【BitPush】In the past 24 hours, the cryptocurrency market has been tumultuous. According to data, the total liquidation amount across the network reached $875 million, with long positions accounting for the majority—$788 million being liquidated, while short positions were only liquidated for $86.88 million.

Looking at individual coins, Bitcoin has become the main battleground. BTC long liquidations reached as high as $223 million, compared to only $8.97 million in short liquidations, indicating a clear imbalance between longs and shorts. Ethereum’s situation is similar, with $119 million in long liquidations versus $36.64 million in short liquidations.

The market’s volatility is evident from the number of participants—over the past 24 hours, a total of 249,388 people worldwide have been liquidated. The most shocking single liquidation occurred on the Hyperliquid platform for the BTC-USDT trading pair, with an order worth $25.83 million, which vanished in an instant.

BTC-2,41%

ETH-3,8%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

ShibaMillionairen't

· 5h ago

Long positions slaughtered, all the longs are dead

View OriginalReply0

StealthDeployer

· 5h ago

The bulls have been slaughtered again. This kind of one-sided market is the easiest to harvest retail investors.

View OriginalReply0

CryptoPhoenix

· 5h ago

Remember, the most important thing when losing money is to stay sober. What does the 875 million liquidation indicate? The bottom range is孕育ing opportunities. The single liquidation of 25 million is a more brutal lesson—never gamble with full position. The bear market shapes our mentality; what we need is patience to wait for value to return. The phoenix that traverses the cycle will eventually be reborn from ashes.

View OriginalReply0

RektRecovery