$1 billion liquidation in 24 hours, BTC and ETH bulls and bears engage in fierce battle

PriceOracleFairy · 2026-01-21T20:08:12+00:00

In the past 24 hours, the derivatives market has experienced severe liquidations, with a total liquidation amount of $1.005 billion. Long and short positions were liquidated for $670 million and $335 million respectively. Both Bitcoin and Ethereum longs and shorts have suffered heavy losses, especially Ethereum, with a single largest liquidation reaching $40.2261 million, indicating extreme market volatility.

PriceOracleFairy

2026-01-21 20:08:12

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【BitPush】The derivatives market has been quite chaotic in the past 24 hours. According to market data, the total liquidation amount across the entire network in the past day reached $1.005 billion, with long investors being liquidated for $670 million, and shorts not doing much better, with $335 million also liquidated.

Breaking it down by mainstream cryptocurrencies, Bitcoin saw long positions liquidated for $290 million and short positions for $135 million; Ethereum is even more dramatic, with long positions liquidated for $245 million and short positions for $120 million. It seems that longs have suffered significant losses in this wave of market movement.

Another staggering piece of data is—more than 160,000 people (specifically 165,581) were liquidated within 24 hours. The largest single liquidation occurred on a certain platform’s ETH-USD trading pair, with an amount reaching $40.2261 million. Such a volume of liquidation highlights the extreme volatility of the market.

BTC0,51%

ETH1,31%

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ForkItAllDay

· 9h ago

No matter how high I stack, I can't beat this wave of liquidation. 1 billion in liquidation is really outrageous. --- 160,000 people have been liquidated; life is impossible to endure now. --- Long positions are really just prepped for retail investors; a single wave of market movement can wipe them out. --- A single liquidation of over $40 million, who is so ruthless? --- The derivatives market is just a bloodsucker, better to stick with spot trading. --- Oh my, how many people have been cut again with these numbers? --- BTC and ETH are pushed to this extent; retail investors have no way out. --- 165,581 people liquidated in one day; playing with fire, everyone. --- Both longs and shorts are bleeding; I really don't know who is making money. --- Looking at these numbers feels cold; leverage really isn't something humans should play with.

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SchrödingersNode

· 9h ago

Wow, a billion dollars in one day, this wave was really ruthless, 160,000 people buried with it. --- It's another day of the bulls getting brutally beaten, and the bears didn't laugh last either. --- Over 40 million in a single liquidation, this guy must have a huge heart. --- I just want to know how that brother with 40.22 million is doing now, is he okay? --- ETH this wave is even more fierce than BTC, the bulls are really bleeding out. --- Every time I see this kind of data, I feel lucky that I only trade spot, derivatives are really not for me. --- 160,000 people? That's more than the population of a small town, a bit terrifying.

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GasBankrupter

· 9h ago

Is it another liquidation? Looking at these numbers gives me a headache—160,000 people liquidated in one day. Who the hell is this aggressive? Over 40 million in a single liquidation? Man, that must take a huge heart. Long positions are really bleeding out; ETH has been extremely fierce this wave, with 245 million directly evaporated. 10 billion dollars just gone, so it turns out we're all just working for the exchanges. This market is like a roller coaster—better to stay honest and stick to the fundamentals.

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GateUser-6bc33122

· 9h ago

Damn, a billion dollars just disappeared in one day. Leverage traders are really ruthless. --- 160,000 people liquidated, some directly lost over 40 million. How outrageous is that? --- The bulls are really being pressed to the ground this time. Who can withstand this market? --- A single liquidation of $40.22 million, I don't even dare to look. Is this a nightmare? --- This wave of volatility is even more exaggerated than I imagined. The bears didn't get any bargains either. --- It's derivatives again, and a wave of liquidations. Why does someone always have to go all-in? --- Both BTC and ETH have been hit hard. It feels like this market has been a bit strange lately. --- 165,581 people out within a day. This data looks a bit shocking.

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BlockTalk

· 9h ago

1 Billion USD Liquidation, 160,000 People Perish, This Is the Power of Leverage --- Another day of long positions being slaughtered, wait, are these numbers real? --- Over 40 million USD wiped out in a single order, I can only sing now --- The futures market is like this, today you win, tomorrow you could be kicked out --- Longs are suffering, shorts didn't even catch a bargain, who made money in this wave? --- 160,000 people lost their lives within 24 hours, this is the most terrifying --- Ethereum single liquidation of 40.22 million, oh my god, how much pressure does this guy have to withstand? --- Leverage kills without blinking, looking at these numbers, I feel safe not using too many multiples --- Bitcoin and Ethereum take turns screwing people over, you'll never know who will crash next second

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