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<p>Nearly $150m in leveraged crypto long positions were liquidated in one hour as Bitcoin, Ethereum and XRP fell, with total daily liquidations topping $464m.</p><div id="cn-block-summary-block_2ca60f7109ac4e4e45547b0a672d060d" class="cn-block-summary"><div class="cn-block-summary__nav tabs"><span class="tabs__item is-selected">Summary</span></div><div class="cn-block-summary__content"><ul class="wp-block-list"><li>Around $145m in leveraged crypto longs were liquidated in two hourly waves, with Hyperliquid handling the largest single $3.63m order.<a href="https://crypto.news/wp/wp-admin/post-new.php" rel="noopener noreferrer nofollow"></a>​</li><li>Total 24h crypto liquidations hit about $464m across 137k+ traders, led by $66.5m in Bitcoin and $33.8m in Ethereum positions.​</li><li>BTC fell 1.7%, ETH 2.8% and XRP 6.8% as the broader crypto market lost 2.19% in value alongside big ETF redemptions the previous day.​</li></ul></div></div><p>Nearly $150 million in leveraged cryptocurrency long positions were liquidated within a single hour on Thursday, January 8, as Bitcoin prices declined, according to market data.</p><h2 class="wp-block-heading" id="liquidations-in-crypto-top-150m">Liquidations in crypto top $150m</h2><p>Approximately $88.23 million in long positions were liquidated at around 7:00 a.m. UTC, followed by approximately $57.02 million at 8:00 a.m., the data showed.</p><p>The Hyperliquid cryptocurrency exchange recorded the highest number of liquidations at $45 million, including the single largest liquidation order valued at $3.63 million, according to the figures.</p><p>You might also like: <a href="https://crypto.news/eus-dac8-crypto-tax-rules-bring-self-custody-withdrawals-into-scope/" rel="noopener noreferrer nofollow"> EU’s DAC8 crypto tax rules bring self-custody withdrawals into scope </a></p><p>Total cryptocurrency liquidations reached $464.44 million in the past 24 hours, affecting more than 137,000 traders, the updated data indicated.</p><p><a href="https://crypto.news/bitcoin-price-tumbles-amid-140m-in-liquidations/" rel="noopener noreferrer nofollow">Bitcoin</a> accounted for $66.53 million in liquidations, nearly double the $33.78 million recorded by <a href="https://crypto.news/massive-liquidations-rock-bitcoin-and-ethereum/" rel="noopener noreferrer nofollow">Ethereum</a>, according to the figures.</p><p>The liquidations followed total daily net redemptions of $486 million from U.S. spot Bitcoin exchange-traded funds on the previous day, marking the largest single-day outflow since November 20, according to ETF data.</p><p>Bitcoin (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) traded down 1.7% on the daily chart, while Ethereum (<a href="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">ETH</a>) declined 2.8%. XRP (<a href="https://crypto.news/price/xrp/" rel="noopener noreferrer nofollow">XRP</a>), which recorded more than $6 million in liquidations during the same hourly period, fell 6.8%.</p><p>The broader <a href="https://crypto.news/bitcoin-price-market-now-mirrors-early-2022-glassnode/" rel="noopener noreferrer nofollow">cryptocurrency market</a> declined 2.19% in value over the period, according to market data.</p><p>Read more: <a href="https://crypto.news/xrp-price-cools-whale-activity-3-month-high-2025/" rel="noopener noreferrer nofollow"> XRP price cools after rally —&nbsp; can $2.00 support hold as whale activity rises to 3-month high? </a></p>

Hyperliquid leads $150m crypto long-liquidation wave as BTC dips

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