2026-01-20 15:21:33

A massive wave of liquidations swept through the crypto market in the last 24 hours. Over 138,000 traders got wiped out as positions collapsed across the board. The total damage? A staggering $574.66 million in liquidations. This kind of market bloodbath often signals heightened volatility and forced selling pressure—something worth keeping an eye on if you're actively trading or managing your portfolio exposure right now.

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.

13 Likes

Reward
13
5
Repost
Share

Comment

0/400

shadowy_supercoder

· 1h ago

Again, another liquidation? This is driving me crazy. --- Damn, 570 million USD just disappeared like that. Only the gods can survive this wave. --- I told you not to use such high leverage. Non-custodial friends, have you heard of this? --- Zeroed out 138k people? That's even more intense than the day before yesterday... --- Volatility is truly a trader's nightmare, unpredictable and overwhelming. --- How are the friends who entered the market by running and buying the bottom doing now? Are you okay? --- That's why I only hold and don't move. Watching others get liquidated, my heart remains calm. --- 570 million USD is enough for me to relax for many years... Big company workers are jealous and envious.

View OriginalReply0

LostBetweenChains

· 3h ago

Another feast of cutting leeks, 130,000 people directly out, this liquidation was hard to see through Playing with leverage is really gambling with your life, 570 million just gone... Who didn't escape during the top-out, haha This is crypto, a 24-hour dreamlike journey For those who got liquidated, they probably will have insomnia again tonight

View OriginalReply0

LightningWallet

· 3h ago

Once again, liquidation has occurred, this time 570 million... Oh my God --- 130,000 people were harvested, luckily I didn't leverage --- Nothing new anymore, every week a few waves of people die --- The liquidation wave is coming, everyone, get mentally prepared --- That's why I only hold stablecoins, I can't play this game --- Leverage trading really is just giving money to the exchanges --- 570 million? Retail investors' blood and tears, I feel bad for three seconds --- This wave feels like it's going to drop again... --- 1.38 million people? No, that's a bit too high --- Bear market liquidations are even more brutal than bull markets, it hurts to watch

View OriginalReply0

RooftopReserver

· 3h ago

It's the same old story, leverage monsters have to pay tuition again 138,000 people were instantly wiped out, I can't stop laughing, this is the daily life of the crypto market $570 million just disappeared? The liquidation mechanism is really predatory I think, it's not the market bad, but too many greedy people This wave, I guess, will make a bunch of people cry and exit the crypto circle We holding cash just watch, anyway we can't lose money Leverage is the devil, how many times have I said this and some still don't believe When volatility is high, it's easiest to have a sudden crash, and some still use 10x leverage, truly brave warriors If it zeroes out, so be it, next time remember to be more cautious

View OriginalReply0

CodeSmellHunter

· 3h ago

Coming again? Leveraged players are being liquidated again. 130,000 people were directly wiped out; this is truly spectacular. 570 million just disappeared like that. Damn, who will take the bait this time? The clearest when the liquidation wave hits—those without leverage enjoy watching the show the most. That's why I only hold spot and go passive. Another round of bloodbath, retail investors and small traders lining up to enter.

View OriginalReply0