On-chain liquidation data shows renewed turbulence, with the scale of long position liquidations expanding

BrokenDAO · 2026-01-21T09:05:17+00:00

In the past 24 hours, the cryptocurrency contract market has shown a clear divergence, with longs under significant pressure. The total liquidation amount reached $84,22.52 million, including $50,94.90 million in long liquidations and $33,27.62 million in short liquidations. ETH faced greater liquidation pressure, indicating that the market is more cautious in managing its risk.

BrokenDAO

2026-01-21 09:05:17

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The market trends over the past 24 hours show a clear divergence in the cryptocurrency futures market. According to CoinAnk data, the total liquidation amount across the network recently reached $84.2252 million, with longs under significant pressure and a liquidation scale of $50.949 million, while shorts were liquidated for $33.276 million. This liquidation data reflects that long investors are facing much greater pressure than short investors.

Long-Short Imbalance Triggers Chain Reactions of Liquidation

Looking at the composition of the liquidation data, long positions account for over 60% of the total liquidation volume, indicating that in the current market environment, bullish investors are bearing greater risk. The liquidation of longs reached $50.949 million, nearly 1.5 times the liquidation of shorts, highlighting a severe imbalance between long and short forces. This unequal liquidation pattern often signals that the market is approaching a significant turning point.

Diverging Liquidation Pressure Among Mainstream Coins

Specifically, in the liquidation data for major cryptocurrencies, BTC’s total liquidation over the past 24 hours was $3.467 million, while ETH’s liquidation reached $9.446 million. In comparison, ETH faces significantly higher liquidation pressure, reflecting that market participants are more cautious in managing risks related to Ethereum futures positions, or that market volatility has caused greater impact on ETH longs.

BTC0,94%

ETH0,78%

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