Crypto futures crash: $54 million disappeared in a day, shorts took the biggest hit

Whale_Whisperer · 2026-01-13T08:43:44+00:00

Recent data reveals a significant wave of liquidations in cryptocurrency futures, totaling $54.16 million, with shorts suffering $36.52 million in losses. Bitcoin and Ethereum saw the most substantial liquidations, indicating high market volatility and the importance of risk management strategies amid fluctuations.

Whale_Whisperer

2026-01-13 08:43:44

Abstract generation in progress

A wave of massive position liquidations has occurred in the cryptocurrency futures markets. According to CoinAnk analytics, in the last 24 hours, positions totaling $54.16 million have been liquidated.

The most significant losses were recorded by traders with short positions — their losses amounted to $36.52 million, significantly exceeding the losses of long position holders ($17.64 million). This indicates that the market’s bears are in a more challenging situation.

The main impact was on the two largest assets. Bitcoin led with liquidations totaling $38.98 million, while Ethereum recorded an even more impressive figure — $79.56 million. Such volume reflects the high volatility of these instruments.

Against the backdrop of intense market fluctuations, futures trading participants are carefully reassessing their strategies. Recent events demonstrate the importance of risk management when working with leverage, as even minor price movements can lead to forced position closures. Traders need to pay special attention to protection levels and the size of open positions in the current market instability.

BTC1,89%

ETH2,42%

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.