January 10 Liquidation Summary: $114 million liquidated across the entire network in 24 hours, over 60,000 people liquidated

robot
Abstract generation in progress

【Blockchain Rhythm】On January 10th, the cryptocurrency market experienced intense volatility. According to real-time data from Coinglass, the single-coin liquidation volume for a leading cryptocurrency within the past hour reached $1,078,000, with longs liquidated at $216,800 and shorts at $861,200, indicating significant pressure on short positions.

Looking at the 24-hour global performance from a broader perspective, the total liquidation amount has soared to $114 million—what does this mean? Long positions were liquidated for $85,738,400, and short positions for $28,429,500, with longs still under considerable pressure. Worldwide, a total of 61,793 traders were liquidated during this round of market activity, involving a large number of participants.

Most notably, the BTC-USD trading pair on Hyperliquid experienced the largest single liquidation event, with a single liquidation amount of $2,519,200. This reflects the scale of leverage used by market participants and the risk accumulation during volatile market conditions.

BTC0,52%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)