$2.6B liquidated in 24 hours.
By Maxime Laurent · 2026-02-06 08:21
$2.6B liquidated in 24 hours.
A brutal leverage wipeout: over half a million traders erased as longs get crushed.
This is one of those days the market won’t forget. During the correction, $2.6 billion in positions were liquidated in just 24 hours, according to CoinGlass. That’s 577,167 traders force-closed by pure mechanics, not opinion.
The imbalance tells the story. $2.13B of those liquidations were longs, against about $469M in shorts. Classic late-cycle behavior: people kept buying the dip… until there was no margin left to support the belief.
Liquidations like this aren’t about fear — they’re about structure breaking. Leverage builds quietly, then collapses loudly. After that, the market usually goes quiet, almost numb. That’s when real price discovery starts again.
Painful, ugly, but necessary. Crypto detox, version hardcore. Ça pique sévère. 🥵
#crypto #bitcoin #liquidations #leverage #markets #derivatives #volatility #risk
A brutal leverage wipeout: over half a million traders erased as longs get crushed.
This is one of those days the market won’t forget. During the correction, $2.6 billion in positions were liquidated in just 24 hours, according to CoinGlass. That’s 577,167 traders force-closed by pure mechanics, not opinion.
The imbalance tells the story. $2.13B of those liquidations were longs, against about $469M in shorts. Classic late-cycle behavior: people kept buying the dip… until there was no margin left to support the belief.
Liquidations like this aren’t about fear — they’re about structure breaking. Leverage builds quietly, then collapses loudly. After that, the market usually goes quiet, almost numb. That’s when real price discovery starts again.
Painful, ugly, but necessary. Crypto detox, version hardcore. Ça pique sévère. 🥵
#crypto #bitcoin #liquidations #leverage #markets #derivatives #volatility #risk
Disclaimer: This content is for informational purposes only and not financial advice.