Data from January 9th shows that the cryptocurrency market experienced a wave of liquidations over the past 24 hours. According to Coinglass statistics, the total liquidation amount reached $167 million, including $90.62 million in long positions and $76.04 million in short positions.



Regarding BTC, the liquidation amount was $43.58 million (longs $23.09 million, shorts $20.48 million). The situation for ETH is even more severe, with a liquidation amount of $38.41 million, including $23.16 million in longs and $15.25 million in shorts.

This round of liquidations affected a total of 74,132 people. The most severe case was on a leading platform's ETH-USDT-SWAP trading pair, where the largest single liquidation amount reached $1.5361 million, demonstrating the extreme market volatility. Both leveraged longs and shorts were not spared in this wave of market movements.
BTC-0,19%
ETH-0,11%
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just_vibin_onchainvip
· 01-09 16:58
$167 million liquidation, another good day... Leverage is really a good thing. ETH with a position of 1.53 million liquidated, that guy must be feeling heartbroken... Liquidation waves happen several times a month, which is quite normal; the question is whether you have bullets to add to your position. 74,132 people buried together, that number is a bit painful to look at. Both bulls and bears got slapped in the face, indicating that no one can predict this wave of market trends, it's outrageous. Seeing this kind of news makes me think of the saying: those who don't use leverage will never get liquidated, but they also earn less. $167 million gone, someone's Lambo dream has been shattered once again.
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ChainWanderingPoetvip
· 01-09 16:57
Another wave of liquidation is coming, with 167 million directly wiped out. Luckily, I didn't use leverage. 1.53 million individual liquidations—this is probably how much the guys' assets have disappeared. 74,132 people being liquidated at the same time—this number is pretty brutal. Both bulls and bears are dead; this is the advantage of spot trading. Wait, both BTC and ETH are so fierce—why does it feel like the entire chain is raining? I'm numb. Seeing this kind of data every day—shouldn't I have cut losses earlier? When the liquidation wave hits, a bunch of people have their dreams shattered, but I'm still just messing around. 167 million—how many people can this feed?
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FrogInTheWellvip
· 01-09 16:55
It's another wave of rug pulls, 1.53 million single liquidation is truly shocking --- Over 70,000 people liquidated, this data is just painful to look at --- Neither bulls nor bears have a way out, this is the fate of leverage --- ETH liquidations are even more severe than BTC, hmm, be careful --- $167 million disappeared in one day, who profits and who loses is clear at a glance --- This major platform's liquidation has probably caused some to go bankrupt --- It seems no one can safely make money in this wave of the market; everyone is gambling
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ForkItAllvip
· 01-09 16:39
Another bloodbath day, 74,132 people liquidated, nobody's getting out alive. 167 million gone overnight just like that, those playing with leverage really need to reflect. 1.53 million in a single liquidation? That's some serious all-in moves, respect the guts. Long and short both decimated, the market is that ruthless, there are never any winners. Futures contracts are just a meat grinder, stories of total losses happening every single day. Looking at these numbers, I know another batch of people are gonna be eating dirt for the rest of the year.
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liquiditea_sippervip
· 01-09 16:35
1.53 million direct liquidation, really a nightmare for leverage traders --- 74,132 people liquidated? This round of market action is truly brutal, both longs and shorts have been harvested --- ETH liquidation is even more severe than BTC, what's going on... such high volatility --- Losing 167 million in one go, it makes me heartache for those leverage dogs --- The leading platform's liquidation of 1.53 million, I can't bear to look, I can't bear to see --- Longs and shorts are both out, this is true market education --- Another wave of liquidations is coming, when can we trade crypto peacefully --- BTC is okay, but ETH's liquidation amount this time is terrifying, how did they leverage so much --- Over 70,000 people suffered blood losses... just thinking about it is despairing --- Leverage is truly deadly, a single market wave can wipe everyone out
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