2026-01-12 06:20:04

Network Liquidations Hit $311 Million as Long Positions Bear the Brunt

Over the last 24 hours, the crypto market saw liquidations pile up to $311 million across exchanges, with long positions taking the heaviest hit at $265 million, while short positions accounted for $45.5184 million of the total damage. According to Coinglass data, this liquidation wave swept through 101,384 traders globally in a single day, underscoring the volatile market conditions.

The most significant blow came on Hyperliquid's ETH-USD perpetual contract, where a single liquidation wiped out $5.6806 million in a single position—a stark reminder of the risks inherent in leveraged trading.

The dominance of long liquidations over shorts reflects current market sentiment, with bullish positions proving more vulnerable as price movements trigger cascading margin calls. Such concentrated liquidation events highlight the importance of risk management in derivatives trading.

ETH-4,5%

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