$BTC
Bitcoin Soars 1,724% in Liquidation Imbalance as Shorts Get Wrecked
Bitcoin’s explosive breakout above $118,000 over the weekend didn’t just turn heads for the price surge — it triggered an unusually lopsided wave of liquidations.
According to CoinGlass data, BTC saw $3.66 million in short liquidations within a 12-hour window, compared to just $197,660 from longs — a staggering 1,724% imbalance. Nearly all the damage hit short positions, in what analysts call a rare one-sided liquidation event.
Unlike typical shakeouts where overleveraged longs take the brunt, this move punished the bears. Bitcoin’s clean run through resistance left little room for doubt — or for shorts to escape.
Across the broader crypto market, 12-hour liquidations totaled $55.54 million, with $34.16 million from shorts and $21.38 million from longs. Over 24 hours, total liquidations hit $191.17 million — $123.56 million from longs and $67.61 million from shorts.
BTC topped the individual liquidation leaderboard at $3.86 million, followed by XLM ($5.09M), ETH ($4.57M), and XRP ($2.43M). Interestingly, 1000BONK flashed green amid the red, with over $2.2 million in shorts cleared.
In total, 97,264 traders were liquidated in the last 24 hours, with the largest being a $2 million BTC/USDT position on Bybit.
The sharp imbalance highlights how swiftly the market turned against bearish leverage — and how unforgiving BTC can be once it breaks cleanly through key resistance levels.
