Short positions collectively liquidated! $82.89 million wiped out within 1 hour, BTC faces the heaviest pressure

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According to the latest statistics from the on-chain data platform, the wave of liquidations triggered by market fluctuations in the past hour continues to expand.

Rapid Increase in Liquidation Scale

The total liquidation amount across the entire network has reached an astonishing $101 million, with short positions suffering heavy losses. The amount of short liquidations has reached $82.89 million, accounting for over 80%, while traders attempting to go long have incurred losses of $18.19 million. This stark liquidation pattern reflects strong market volatility and directional swings.

Mainstream Coins All Decline

BTC liquidation amounts are the most prominent, reaching $59.53 million, making up the largest share of total liquidations. ETH follows closely behind with $21.91 million in liquidations. The concentrated liquidations of these two major cryptocurrencies indicate a rapid shift in market sentiment.

This wave of liquidations is primarily dominated by short positions, reflecting that short sellers are experiencing large stop-losses amid intense market volatility. Market participants should remain vigilant and manage their risk exposure carefully.

BTC1,63%
ETH0,67%
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