2026-01-09 03:31:26

The contract market in the past 24 hours has been a fierce reshuffle. According to on-chain data, the total liquidation amount across the network reached $415 million, with long positions under greater pressure, accounting for $335 million in liquidations, while short liquidations were relatively smaller, approximately $79.291 million.

Specifically, among mainstream cryptocurrencies, Bitcoin longs have had a particularly tough time—liquidations of BTC long positions alone reached $104 million, while short liquidations were relatively mild, at about $23.587 million. Ethereum's situation is similar, with long liquidations totaling $81.8329 million and short liquidations at $16.0827 million. This comparison clearly illustrates the point: longs have been hit quite hard in this wave of market movements.

Even more dramatic is the scale of participant liquidations—over the past 24 hours, a total of 120,572 traders worldwide have been liquidated. The most severe liquidation occurred on Hyperliquid's BTC-USD contract, with a single liquidation of up to $2.9993 million. Such a level of liquidation is essentially a heavy blow for individual traders.

This data reflects the high-risk nature of the derivatives market—leverage amplifies both gains and risks. For those involved in contract trading, this should serve as a significant reminder: position management and risk control are always the top priorities.

BTC-0.37%

ETH-0.78%

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DegenApeSurfer

· 01-09 03:57

Another bloodbath, bulls getting pushed to the ground and rubbed in it... 120,000 people wiped out, that number is pretty scary... Over 10 million dollars liquidated in one shot, just gone Leverage is like a god when you're making money, a demon when you're losing it Looks like it's time to reflect on position management again The bears must be having a field day this round, the bulls really can't hold on The futures market is always teaching people lessons haha Another batch of retail investors getting harvested, nothing new BTC long positions broken through, Ethereum couldn't escape either Over 400 million in liquidations is the real picture these past couple days Those who didn't control their leverage properly became cannon fodder This is the true face of derivatives

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New_Ser_Ngmi

· 01-09 03:47

Oh no, another bloody scene of liquidation Someone else bought the dip down to the floor, leverage really is a devil Over 1.2 million people liquidated, I need to reflect on my positions The bulls were really smashed through this time, no wonder the market is so fierce A single liquidation of $2.99 million, how long does this guy have to eat dirt Still the same saying, living is more important than winning money, everyone Just looking at these numbers, you know why Old Wang always says don’t be greedy It feels like the crypto world is always teaching people how to lose money Leverage, this thing, is a game of small gains and big losses, not playing is the most profitable

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0xInsomnia

· 01-09 03:36

Damn, 120,000 people eliminated, this is outrageous The bulls were directly crushed and rubbed into the ground Another liquidation order of 2.99 million, it's heartbreaking to watch Futures are really a bloodsucker, you can lose everything if you're not careful BTC longs were brutally beaten, while shorts are enjoying themselves Leverage is a double-edged sword; greed kills everyone 120k people out in one day, luckily I didn't go all-in Looking at these numbers, longs lost 335 million, I can't hold on much longer Another day of longs being slaughtered, I choose to wait and see The liquidation leaderboard is full of longs' blood and tears This wave of market movement, shorts are having a blast, longs are crying and fainting in the contracts Honestly, trading without risk control is just gambling A single liquidation of 2.99 million, that guy must be in a lot of pain

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0xSherlock

· 01-09 03:34

Over 120,000 people liquidated, how crazy is that... Luckily, I changed my stance a long time ago --- Another day of longs being slaughtered, just looking at the data shows how brutal it is --- $2.99 million single liquidation? That guy probably needs to hide for a while --- Leverage really, you don’t feel it when you’re making money, but when you lose, it’s game over --- Honestly, the recent wave of longs is a bit tragic, I just watch without trading --- 1.415 billion in a day liquidations... this market is really eating people alive --- Longs: I’m having a hard time. Shorts: Feeling pretty comfortable --- Every time I see these liquidation data, I get scared. Position sizes really need to be cautious --- Feels like the derivatives market has become a slaughterhouse lately, daily liquidation clearing --- Hyperliquid’s $2.99 million order... this trader probably can’t sleep well

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