2026-01-11 17:22:30

The liquidation situation in the crypto market over the past 24 hours is quite noteworthy. According to on-chain data, the total liquidation amount across the network has reached $73.9955 million, with long positions liquidated at $43.4223 million and short positions at $30.5732 million.

What is hidden behind these figures? The scale of long position liquidations clearly exceeds that of short positions by as much as $12.85 million, indicating that during the recent market decline, bullish traders suffered the most losses. What does this phenomenon usually suggest—have the longs been significantly stopped out, and could the market face further selling pressure?

Even more concerning is that the largest single liquidation occurred in the altcoin sector. This often signals panic sentiment. While mainstream coins like BTC and ETH remain relatively stable, large liquidations of smaller tokens can trigger chain reactions, intensifying the overall market panic.

For holders of risk assets like SOL, this signal warrants serious attention—market risk appetite is clearly declining.

BTC4,27%

ETH5,54%

SOL2,73%

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TokenToaster

· 21h ago

Longs were liquidated 12,850,000 more than shorts, this is fucking outrageous. All the bullish positions were wiped out, truly incredible.

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SolidityStruggler

· 01-13 11:26

Long liquidation exceeds short liquidation by 12.85 million? That's the real signal to panic about.

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TokenRationEater

· 01-13 05:16

The bulls are crushed again, and this time the scale is not small... --- Is this wave of liquidation in altcoins a warning to us? Bitcoin and Ethereum are holding steady, but these small coins are dumping, strange. --- Looking at this data, longs lost over 10 million more than shorts... Really need to reflect on why we always chase the rally. --- The guy holding SOL probably doesn't look too good now. The phrase "risk appetite has decreased" is spot on. --- Wait, over 70 million in liquidation? Is it real on-chain? Feels like the recent volatility is getting crazier. --- Longs being liquidated so much more than shorts indicates that the market is not optimistic at all. Should we expect it to go down further? --- Is a big liquidation of altcoins a sign of panic? Then I should also be cautious about the coins I hold... --- This data looks quite terrifying; longs are ruthlessly wiped out, and shorts aren't doing much better. --- It's another story of longs hitting stop-loss. When will this pattern ever change...

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ChainMemeDealer

· 01-11 17:51

The bulls got crushed again in this wave, looks like it still has to fall further.

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MidnightSeller

· 01-11 17:40

The bulls got slaughtered again. These liquidation data make my scalp crawl.

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RadioShackKnight

· 01-11 17:37

Wow, the bulls are sending money again. Is the chain reaction of altcoins coming now?

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GmGnSleeper

· 01-11 17:37

The bulls got caught again; that's why I keep saying not to go all-in.

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0xInsomnia

· 01-11 17:36

The bulls really got wrecked this time, a gap of 12.85 million is no small amount... A massive liquidation of altcoins is the real signal. Let's wait and see if BTC will follow the decline.

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DefiEngineerJack

· 01-11 17:36

well, *actually* if you look at the liquidation cascade mechanics here—altcoin blow-ups are just noise before the real capitulation. multicollinearity between SOL positions and leverage ratios will tell you everything. most traders don't even understand their own risk exposure lmao

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DaoGovernanceOfficer

· 01-11 17:35

ngl the liquidation cascade data here is textbook risk-off behavior... altcoin blowups always precede broader contagion, empirically speaking 🤔

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