Crypto Liquidations Hit $551M in One Hour, Longs Account for $533M
Crypto derivatives markets saw $551M in liquidations in one hour on January 19, with long positions accounting for $533M and short positions for $17.7448M, Coinglass data cited by BlockBeats show. Over the last 24 hours, 235,924 traders were liquidated worldwide, with aggregate liquidations reaching $660M. The largest single liquidation occurred on Hyperliquid in the ETH-USD pair, valued at $15.5252M.