$375 million in Bitcoin positions liquidated as BTC surges past $96k
The post $375 million in Bitcoin positions liquidated as BTC surges past $96k appeared on BitcoinEthereumNews.com.
Bitcoin positions worth more than $375 million have been liquidated in the past 24 hours, according to data from Coinglass. More than $100 million has been liquidated in the past hour, as BTC surges past $96,000. Additionally, $1 billion in short positions face potential liquidation as Bitcoin approaches $97,100. Data from Coinglass indicates that the liquidation risk associated with short positions across multiple cryptocurrency exchanges, including Binance, OKX, and Bybit, increases if the crypto asset breaks out in a bullish direction. Cumulative short liquidation leverage at $96,202 peaks at 451.49 million Data from the onchain data provider Coinglass shows that Bitcoin was responsible for $375.85 million worth of liquidations in the last 24 hours. According to the data, the Cumulative short liquidation leverage peaks at $451.49 million, around $96,202. 48.79 million are on Binance, while 54.47 million and 67 million are held on OKX and Bybit, respectively. The data indicates that liquidations are likely to occur once BTC surpasses $97,100. Source: Coinglass. BTC/USD Liquidation Map-Binance Another chart from Coinglass, showing the BTC/USDT perpetual liquidation map on Binance, indicates that the cumulative short liquidation leverage on the exchange at $96,282 stands at 157.04 million, with the majority being 100X leverage, accounting for 19.50 million. 50x leverage follows with 14.70 million, the whole 25x leverage trails last with 1.14 million Large investors have showcased renewed interest in BTC, adding to the bullish sentiment in the crypto asset. Data from ETF tracking Website SosoValue shows that BTC ETFs received inflows worth $753.73 million. The inflows marked a two-day streak of positive flows that began on January 12 after investors drew 1.3 billion from the funds in the preceding four days. Fidelity’s FBTC received the majority of the inflows, totaling $351.36 million, followed by BlackRock’s iBIT, which logged $126.27 million. Bitwise BITB recorded positive…
Filed under: News - @ January 14, 2026 4:25 pm