- More than $107M was liquidated in just one hour, with $105.59M coming from long positions, mainly affecting Bitcoin traders.
- Bitcoin accounted for $66.51M of long liquidations, representing over 62% of the total losses during the liquidation event.
- Ethereum and Solana liquidations totaled $14.86M and $11.64M, reflecting heavy leveraged longs caught in the sharp market reversal.
Over $107 million in crypto was liquidated in just one hour, with $105.59 million wiped from long positions alone, catching overleveraged bulls off guard.
Longs Take a Brutal Hit in Sudden Downturn
A sharp and aggressive market move triggered a mass liquidation event, with Cointelegraph reporting that $107 million in positions vanished within 60 minutes. The liquidation heatmap shows a one-sided wipeout—$105.59 million in long positions were erased as traders bet heavily on further upside.
Bitcoin (BTC) led the collapse with $66.51 million in long liquidations, accounting for over 62% of the hour’s losses. Traders positioned for a breakout faced immediate liquidation as price momentum turned violently against them.
Ethereum (ETH) liquidated \$14.86 million of positions with unsustainable high leverage exposures. Solana (SOL) came close behind, clearing long positions of \$11.64 million, accompanied by recent volatility in prices and on-speculative trading.
XRP, DOGE, BNB, and meme tokens like PEPE also saw moderate but notable liquidations, adding to the broader shakeout across the crypto market.
Over 200K Traders Liquidated in 24 Hours
In a separate tweet, CW8900 noted that 200,795 traders were liquidated in the past 24 hours, with total liquidations hitting $701.64 million. The largest single liquidation came from OKX—a $17.35 million BTC long position.
This massive sweep-out shows how vulnerable markets can become when overexposure and leverage dominate positioning. Longs were the primary casualties, reinforcing the risks of excessive bullish sentiment during uncertain momentum.
Market Rebounds After Purge
Despite the liquidation wave, the heatmap is now a “sea of green,” signaling a bounce as forced exits clear out speculative weight. This kind of liquidation flush often resets market structure, allowing room for more stable price action.
While the damage was severe, the shakeout could fuel the next leg up—if volume and macro conditions align. For now, the market watches closely for a follow-through after this reset.
