2026-01-08 14:31:43

Thursday saw a sharp fluctuation in the cryptocurrency market. Bitcoin, Ethereum, and Ripple prices all declined collectively, triggering a chain reaction—nearly $150 million in leveraged long positions were forcibly liquidated within just one hour, and the total liquidation amount for the day exceeded $464 million.

This wave of market impact was widespread. Over the past 24 hours, more than 137,000 traders experienced cryptocurrency liquidations. Bitcoin had the highest liquidation amount at $66.5 million; Ethereum followed closely with $33.8 million. Hyperliquid exchange processed the largest single order, totaling $3.63 million.

From the timeline, around 7:00 AM (UTC), approximately $88.23 million in long positions were liquidated; by around 8:00 AM, another approximately $57.02 million in positions were liquidated within an hour. This concentrated liquidation typically indicates that the market triggered a chain of stop-loss orders.

The overall market performance is not optimistic. Influenced by a large ETF redemption the previous day, the overall cryptocurrency market declined by 2.19%. Bitcoin fell by 1.7%, Ethereum's decline widened to 2.8%, and Ripple dropped by 6.8%. Such declines represent a significant risk release for holders.

BTC1,28%

ETH0,35%

XRP0,24%

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NeonCollector

· 01-10 15:11

Here we go again, another scene where several hundred million dollars evaporate within an hour—truly unbelievable.

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potentially_notable

· 01-08 23:06

The leverage traders are getting slashed again, looks like they're really getting cut hard this time.

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ChainSherlockGirl

· 01-08 15:01

$464 million in settlements, 137,000 people sacrificed—this is extraordinary. In my analysis, a big player is secretly harvesting gains. --- Ripple drops 6.8%? You can tell who's dumping. On-chain data doesn't lie. --- Once the chain stop-loss is triggered, this is the scene—two waves of liquidation in an hour, a typical chase to wipe out the longs. --- Wait, who placed that $3.63 million order on Hyperliquid... there's something interesting here. --- 137,000 traders, are you still adding leverage at this point? Really? --- Interestingly, ETF redemption and liquidation wave are happening simultaneously, it doesn't seem like a coincidence. --- Based on my speculation, there must be wallet addresses that made a killing in this wave of market activity. to be continued...

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TopBuyerBottomSeller

· 01-08 15:00

Another massive liquidation... The futures market is really terrifying, 150 million disappeared in just one hour.

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MoonMathMagic

· 01-08 14:46

Another big liquidation, 137,000 people wiped out... This is the joy of leverage, right?

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CryptoTherapist

· 01-08 14:37

ngl this cascade liquidation pattern is giving textbook "market anxiety syndrome" energy... 137k traders in 24 hours? that's not volatility, that's collective trauma processing. the psychological resistance levels are basically screaming rn

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