January 22 News, the crypto market in 2026 experienced a period of extreme volatility, with Bitcoin prices showing a rapid rollercoaster of sharp declines and rebounds within 24 hours, triggering a rare wave of segmented liquidations. Data shows that over $625 million in crypto contract positions were forcibly liquidated, affecting approximately 150,000 traders, marking one of the most impactful events in recent Bitcoin price fluctuations.

According to statistics from CoinGlass, the liquidation amounts for longs and shorts were nearly equal, with longs being liquidated for about $306 million and shorts reaching $319 million. This near-balanced liquidation structure indicates that the market experienced a sharp reversal in a short period, with the market direction repeatedly switching, making it difficult for leveraged traders to cope. During this period, Bitcoin briefly fell below $88,000 before quickly rebounding to around $90,000. The rapid switch in price ranges directly triggered chain reactions of liquidations.