Source: Cryptonews
Original Title: Hyperliquid leads $150m crypto long-liquidation wave as BTC dips
Original Link:
Market Liquidation Overview
Nearly $150 million in leveraged cryptocurrency long positions were liquidated within a single hour on Thursday, January 8, as Bitcoin prices declined, according to market data.
Liquidation Details
Approximately $88.23 million in long positions were liquidated at around 7:00 a.m. UTC, followed by approximately $57.02 million at 8:00 a.m. The major cryptocurrency exchange recorded the highest number of liquidations at $45 million, including the single largest liquidation order valued at $3.63 million.
Total cryptocurrency liquidations reached $464.44 million in the past 24 hours, affecting more than 137,000 traders. Bitcoin accounted for $66.53 million in liquidations, nearly double the $33.78 million recorded by Ethereum.
Market Context
The liquidations followed total daily net redemptions of $486 million from U.S. spot Bitcoin exchange-traded funds on the previous day, marking the largest single-day outflow since November 20.
Bitcoin (BTC) traded down 1.7% on the daily chart, while Ethereum (ETH) declined 2.8%. XRP, which recorded more than $6 million in liquidations during the same hourly period, fell 6.8%.
The broader cryptocurrency market declined 2.19% in value over the period.
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ApeWithAPlan
· 01-11 11:00
150 million dollars gone in an hour? That's the cost of leverage—another round of rookie investors getting harvested.
View OriginalReply0
BlockchainBrokenPromise
· 01-09 10:50
150m liquidation in one hour? I really can't hold on anymore. This is the price of leverage.
View OriginalReply0
AirdropDreamBreaker
· 01-09 05:51
1. 150 million bloodbath, another familiar moment of shorting... Are the friends who bought the dip okay?
2. Hyperliquid is疯狂收割, 150 million disappeared in an hour.
3. Laughing to death, is this another show? BTC's wild fluctuations are just slaughter.
4. Long positions were completely eaten, this is the fate of leverage.
5. The futures market is really outrageous, playing with leverage is no different from giving away money.
6. 150 million in an hour... Should I be in awe or should I laugh?
7. Here we go again, every dip is so brutal, the robots are hunting.
View OriginalReply0
ProbablyNothing
· 01-09 04:25
Here we go again, $150 million liquidated in one hour? That's the power of leverage, isn't it?
View OriginalReply0
ThesisInvestor
· 01-08 13:51
Here we go again, are the leverage traders getting wiped out again? 150 million evaporated in just this one hour?
View OriginalReply0
alpha_leaker
· 01-08 13:51
Here we go again, this round of liquidations is really brutal, with 150 million evaporating in just one hour. Hyperliquid also couldn't escape this time.
No way, in this kind of market, leveraged traders will have to pay their tuition again.
A wave of liquidations is coming, and this is why I said over-leverage is the original sin.
BTC drops sharply and immediately, it's truly a bloodbath scene, it hurts just to watch.
These numbers are just too outrageous, it feels like the exchanges are making a killing this time.
View OriginalReply0
BearMarketSunriser
· 01-08 13:36
Oops, got liquidated again. It happens every time.
View OriginalReply0
gas_fee_therapist
· 01-08 13:33
150 million USD evaporated in one hour, this is the charm of leverage, brother.
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Once again, Hyperliquid is setting the pace; this platform really knows how to pick the right timing.
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Contract dreams shattered everywhere. I told you not to go all in, but you just wouldn't listen.
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When BTC drops, leverage brothers instantly become broke. Satisfying or not?
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Looking at these numbers, I know how many people will be drinking northwest wind again.
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150 million disappeared out of thin air; someone should reflect on their risk management.
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That's why I only hold spot and stay flat; contracts are really just giving away money.
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Hyperliquid's move this time was really ruthless; they cleared out positions thoroughly.
View OriginalReply0
MoonMathMagic
· 01-08 13:30
Another round of massive liquidation, this time 150 million, leveraged traders got wiped out again.
Major Exchange Records $150M Crypto Long-Liquidation Wave as Bitcoin Dips
Source: Cryptonews Original Title: Hyperliquid leads $150m crypto long-liquidation wave as BTC dips Original Link:
Market Liquidation Overview
Nearly $150 million in leveraged cryptocurrency long positions were liquidated within a single hour on Thursday, January 8, as Bitcoin prices declined, according to market data.
Liquidation Details
Approximately $88.23 million in long positions were liquidated at around 7:00 a.m. UTC, followed by approximately $57.02 million at 8:00 a.m. The major cryptocurrency exchange recorded the highest number of liquidations at $45 million, including the single largest liquidation order valued at $3.63 million.
Total cryptocurrency liquidations reached $464.44 million in the past 24 hours, affecting more than 137,000 traders. Bitcoin accounted for $66.53 million in liquidations, nearly double the $33.78 million recorded by Ethereum.
Market Context
The liquidations followed total daily net redemptions of $486 million from U.S. spot Bitcoin exchange-traded funds on the previous day, marking the largest single-day outflow since November 20.
Bitcoin (BTC) traded down 1.7% on the daily chart, while Ethereum (ETH) declined 2.8%. XRP, which recorded more than $6 million in liquidations during the same hourly period, fell 6.8%.
The broader cryptocurrency market declined 2.19% in value over the period.