Crypto Liquidations Top $1B as 182,000 Traders Get Rekt in Single Day
On January 20, 2026, the cryptocurrency market experienced a sharp deleveraging event. More than 182,000 traders had their positions forced closed, totaling over $1.08 billion in liquidations. Long positions accounted for nearly all the losses as Bitcoin and Ethereum futures traders were hit by cascading margin calls.
Traders are now confronting higher leverage amid intensifying global macroeconomic pressures and technical weakness across digital assets.
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Record Liquidations Hammer Leveraged Traders
According to CoinGlass data, 182,729 traders were liquidated over the 24-hour period ending January 20, with combined losses totaling $1.08 billion. Most were long positions, totaling $1.08 billion, while short liquidations were…
