2026-01-02 20:24:47

Massive liquidation event hit the crypto market: $98M in short positions wiped out within just 1 hour. This sudden spike in liquidations signals intense market volatility and potential reversal pressure as bears get squeezed out. Traders monitoring liquidation cascades remain alert for follow-up movements.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
5
Repost
Share

Comment

0/400

AltcoinTherapist

· 12h ago

The short positions have been blown up, this is the drama I like to watch

View OriginalReply0

DaoDeveloper

· 12h ago

ngl this liquidation cascade is textbook squeeze dynamics - the kind of scenario where order book depth really matters. anyone running simulations on the funding rate mechanics before this spike?

Reply0

GasWaster

· 12h ago

98M? That's nowhere near it. It's less than one-tenth of the last liquidation.

View OriginalReply0

GasFeeCrier