Bitcoin swings trigger rare split liquidation as longs and shorts both get hit

2026-01-22 07:20:30

Source: CryptoNewsNet Original Title: Bitcoin swings trigger rare split liquidation as longs and shorts both get hit Original Link: https://cryptonews.net/news/bitcoin/32316662/ Crypto markets delivered a painful lesson in leverage over the past 24 hours, liquidating more than $625 million in positions as sharp price swings punished traders betting in both directions.

According to CoinGlass data, roughly 150,000 traders were forced out of positions, with liquidations split almost evenly between long and short bets. About $306 million in long positions were wiped out, while $319 million in shorts were liquidated, an unusually balanced outcome that reflected how abruptly prices reversed during the session.

The largest single liquidation occurred on Hyperliquid, where an ETH-USD position worth $40.22 million was forcibly closed. Hyperliquid also accounted for the largest share of total liquidations, with about $220.8 million erased on the platform. Notably, more than 72% of those liquidations were tied to short positions, suggesting traders there were caught leaning too heavily into downside bets just as prices rebounded.

BTC1,21%

ETH0,82%

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