Binance tops the list with $122 million in liquidations, yet Hyperliquid knocks down shorts 80% of the time
In the past 24 hours, liquidations across the whole network totaled $293 million and 76,000 trades. Binance accounts for $122 million (42%), ranking first, with shorts making up 51%—more than half. The look and feel on Hyperliquid is completely different: of the $16.57 million liquidations, $13.1 million is dumped into shorts, accounting for 79%. In a grindy market, high-leverage short positions bleed—floating losses plus fees on both sides, and once you hold to the line, you can only accept it. In the past hour, the wind direction has shifted: in the $141 million liquidations, 65% are long positions. By asset, $ETH liquidations totaling $79.35 million are #1, while $BTC with $69.64 million ranks second—66% of them are long. Chop down the shorts first, then grind the longs—who do you think comes next? Check in real time: https://www.coinboss.com/liquidations
$51.87 million wiped out in one hour, 96.1% of it was shorts’ money
The shorts got hammered. In the last hour, liquidations across the entire network totaled $51.87 million, of which $49.85 million was shorts—96.1%. There were 8,647 trades in an hour; almost every one of them is harvesting the leveraged shorts chasing the move. Ethereum is the main battlefield. In 24 hours, it rose 2.9%, with ETH shorts getting squeezed by $50.77 million, accounting for 71.8% of the total liquidation amount in Ethereum. In just the past hour alone, ETH short positions were cleared for $14.91 million. Bitcoin is up 1.5%, and shorts also took a hit of $43.35 million. In the past 24 hours, the entire network saw liquidations totaling $280 million, with shorts accounting for 66.4%. The ones who got beaten during the pre-market last night were still the longs—and within a day, the script flipped. Prices aren’t going crazy upward; it’s the leveraged shorts that couldn’t take it anymore. Stop-loss orders and liquidation prices were squeezed out together—this is the scene right now.
Before the US stock market opens: $157M liquidated in 4 hours, 95% longs, funding rates are very low
This afternoon’s drop pretty much washed out the leverage used to chase longs. In the last 4 hours, the whole market liquidated $157 million, and 95% of it was long positions. Just Bitcoin alone was $68.35 million. At the current price of $83,510, it’s down 2.7%, and it’s less than 1% away from the all-day low around 82,800. After it’s done, check the funding rate: on Binance, the Bitcoin funding rate is down to only 0.000231%, collected once every 8 hours, annualized at 0.25%. Going long is basically like borrowing for free. The low fee rate pretty much explains why the leverage for chasing longs has been wiped out. The outside money hasn’t left. Over the past 7 days, Bitcoin ETF inflows net totaled $1.91 billion. Tonight, watch two things: whether the 83,000 integer level breaks; and after the US stock market opens, whether the bulls will dare to take longs.
Overnight wiped out $521 million in long positions—watch these three numbers before the market opens today
Longs already paid their tuition. In the past 24 hours, the total liquidations across the whole network were $621 million, of which $521 million was on the long side, accounting for 84%. In other words, for every 10 liquidation events, 8 were from chasing longs. BTC is currently around $84,300, down 2.5% over the day, retreating nearly $3,000 from the $87,247 high. On the liquidation leaderboard, BTC has $183 million and ETH has $150 million—together they make up more than half of the total across the network. The second number looks at the order count: 128,000 trades, averaging around $4,800 per trade. This density suggests that not only big holders were liquidated; leveraged retail traders also didn’t get away. The third number is the funding rate. The BTC funding rate for an eight-hour period has dropped back to around 0.004%, meaning longs aren’t as overcrowded anymore. If the price holds steady and funding stays calm, a rebound would be healthier; but if it dips further, a leveraged asset like SOL—where 91% of liquidations came from long positions—will have to pay another round of tuition.
Hyperliquid has fewer than half the number of trades; liquidations help it overtake Bybit and move into the top three
In the past 4 hours, the entire market saw $405 million in liquidations. Binance took 38.7% first place; Hyperliquid, however, overtook Bybit to squeeze into the top three. Hyperliquid executed only 4,886 trades, with a market share of 12.4%. Bybit had more than double the number of trades—11,370—but its share was actually only 12.2%, losing by 610,000. The gap is in per-trade volume: Hyperliquid’s average trade size is $10,247, which is 2.4x Bybit’s $4,350. $BTC $ETH #爆仓数据 #Exchange comparison How much longer can big players stay ahead? Check in real time: https://www.coinboss.com/liquidations
IOST can’t even drop 2%—shorts pay back 223% annualized, yet 98% get buried
With this IOST drop, the shorts are the ones getting paid to take the loss, but the ones getting buried are the longs. Current price is 0.000895, down about 2% over the past 24 hours. Highest: 0.000986. Lowest: 0.000842. Binance, OKX, and Bybit are all consistent. Funding rates are extremely negative: Binance pays an annualized 125% back, Bybit pays an annualized 223% back, Gate pays an annualized 103% back. You get the direction right, yet you’re still the one paying to hold the position. Liquidation is going the opposite way: 98% longs in the past 4 hours, 88% longs in the past 24 hours, and Binance alone accounts for 84% of liquidations in the past 4 hours. Open positions shrink by 13% over 24 hours to 11.78 million; Binance makes up four tenths and even more. $IOST $BTC #资金费率 #liquidation depth The shorts bet the direction correctly yet still get forced to pay—how long can they keep holding on?
Long liquidations are 14 times those of shorts; NEAR unexpectedly squeezes into the top three in liquidations
The longs were buried again. In the past hour, the total liquidations across the whole network amounted to $75.38 million. Of that, $70.48 million was dumped into long positions, accounting for 93.5%—which is more than 14 times the amount liquidated from shorts ($4.9 million). Bitcoin and Ethereum together accounted for 56.6% of the liquidation amounts. In the past hour, Bitcoin saw $24.32 million liquidated (1,180 trades), and Ethereum saw $18.31 million liquidated (1,018 trades). The average per trade was between $17,000 and $20,000—meaning the mid-to-large positions are getting cut. Instead, NEAR squeezes into the liquidation-burst top 3, with $3.88 million and 738 trades—averaging only $5,260 per trade, nearly 4 times less than Bitcoin’s average. It’s not that big holders can’t handle it; it’s a whole bunch of small positions that got swept through entirely.
ZHIPU drops 13% while PROM jumps 17%, touching the ceiling
The gainers-and-losers leaderboard is pretty interesting: one is posted right on the floor, the other up near the ceiling. ZHIPU is currently $82.65. Binance and OKX are both in agreement. It’s down more than 15% from the intraday high of $97.5, and it’s less than $1 away from today’s low of $81.8—still digging for a bottom. PROM is currently trading at $5.09. It surged more than 18% from the intraday low of $4.3. It’s only 3% away from today’s high of $5.27, and could break to a new high at any moment. One charts a bottom while the other hits a top—completely opposite directions. $ZHIPU $PROM #涨跌幅榜 #cryptocurrency Which one do you think will reverse first? Check in real time: https://www.coinboss.com/gainers-losers
BTC ETF Posts $715M Net Inflow in a Day; Fear & Greed Index Jumps to 71 and Turns to Greed
Bitcoin ETFs are sweeping up again today, and greed-driven sentiment is rising right along with it. BTC spot ETF net inflows hit $715 million in a day, ETH ETF inflows were $162 million, and SOL ETF inflows were $28.87 million. Total net inflows for the day were $905 million—pure buy orders with no sell pressure in sight. Total ETF assets across the market have stacked up to $130.5 billion, with 35 products and 13 issuers competing for this slice of cake. The Fear & Greed Index surged in sync to 71, officially stepping into the Greed zone. Institutions are putting in real money, but when emotions are rushing upward, it’s also easiest to chase the price and get buried. #比特币ETF #以太坊ETF #恐慌贪婪指数 $BTC $ETH How long do you think this ETF inflow can keep going?
Hyperliquid: 92% win rate over 254 trades—floating profit overtakes realized profit by 30%
Conclusion up front: this Hyperliquid veteran has “broken even” across 254 trades over 184 days—233 profitable trades, a 92% win rate, and only $275,000 spent on fees, which is so tiny compared with the $63.9 million total trading volume that it’s practically negligible. Real, banked-in profits of $2.48 million. During the period, the maximum drawdown was $1.39 million—56% of the realized profits eaten away by the drawdown. Not perfect, but over 184 days, it was never liquidated once. Right now, I’m still holding an even more aggressive floating profit: a 10x leveraged long position of 80,000 HYPE coins, floating profit of $3.14 million—27% more than the realized profit accumulated from the previous 254 winning trades. The liquidation line is at $25.64, and there’s still a safety buffer above the current price.
In the first hour of the US stock market opening, $6.35 million liquidated—92% are long orders
In the first hour after the US stock market opened, stock and commodity-related contract liquidations totaled $10.22 million, and 87% were long positions losing money. Even just stocks alone accounted for $6.35 million. Out of 1,089 orders, 91.8% were longs—this batch of people who got trapped after a spike at the open were then hit from the other side and thrown out. Watch it over a 24-hour period: for stock liquidations alone, about $19.89 million was liquidated; 64% of it was long positions. That shows this isn’t a phenomenon that only happened within this particular hour—it’s this stretch of the market steadily collecting money from longs. $BTC $ETH #TradFi爆仓 # US stock contracts If you’re still chasing long US stock contracts at a time like this, can you take the pace? Check in real time: https://www.coinboss.com/tradfi-liquidations
Hyperliquid liquidated $48.76M; shorts only lost $2,829
Let’s start with the conclusion: Hyperliquid recently cleared $48.76 million in the past hour, almost all of it hitting the longs. In 4,692 trades, shorts only lost $2,829—so the ratio is so low it can be ignored. In the same hour, the whole network liquidated a total of $306 million. Binance accounted for the largest share, taking down $117 million, but it also left $3.82 million for shorts. Hyperliquid made up 16% yet managed to protect shorts completely—at zero cost to them. $BTC $ETH #Hyperliquid #Exchange liquidation In this hour, avoiding the people who are shorting—was the direction correct? Check in real time: https://www.coinboss.com/liquidations
$300M liquidations in 1 hour—half of the day’s total; 98% all hit longs
Conclusion first: the positions liquidated in this one hour account for half of the entire day’s liquidations, and almost all of it was sold into longs. In the past hour alone, liquidations across the whole network are nearly $300 million; over 24 hours, the total is $588 million. In one hour, it already ate up a full half. The share of longs has kept rising: in the last 24 hours, 74% were longs; over the most recent 4 hours it climbed to 96%; and in the last hour it jumped straight to 98%. The later you chase longs, the less you can withstand it. The one falling hardest is Ethereum: in the past hour it surged with liquidations totaling $85.11 million, more than Bitcoin’s $80.86 million. The current price is around 2,652, down 2.9% over the last 24 hours, hovering right next to today’s low of 2,645. Bitcoin is currently around 84,075, down 2.1%. In the last 24 hours its low just dipped below 83,900, setting a new intraday low.
ZEC surges 7.7%; shorts dig in and end up losing $27.91 million
With ZEC rallying like this, the shorts can’t hold on at all. In the past 24 hours, it’s up 7.7%. Binance and OKX have aligned prices: the current price is around $1633, the high reached 1680, and the low was just 1496. It bounced around wildly within a day, moving up and down by about 12%. Even with the price up like this, the shorts refuse to give up no matter what. The result: in the last 24 hours, liquidations across the entire network totaled $27.91 million, with 89% being short positions and only 10% long. On Hyperliquid it’s even more extreme: in a $6.2 million liquidation, shorts accounted for 99%—there’s hardly anything on the long side. The largest single order was a short position of 488 ZEC on Hyperliquid. It was closed at once for $785,000, yet at a price of only 1607 it was already buried. Positions that keep getting added to short as the price rises—adding and then dying hard—are the main fuel behind this round of the market.
FOLKS surged 52% then gave back most of the gains; longs clench their teeth and hold with an annualized funding rate of 72%
Today FOLKS played a roller coaster: within 24 hours it surged from $2.15 to $3.26, once reaching a peak rise of 52%. Now it’s down to 9%, effectively giving back most of the gains. At the current price on Binance is $2.395. Over the past 24 hours, the high was $3.262 and the low was $2.154. After dropping 27% from the peak, the people who chased the price are basically underwater right now. The price slid down from its high, but the funding rate didn’t drop: on Binance, FOLKS longs’ funding rate is still as high as 72% annualized, and on Bybit it’s also 59%. A batch of people aren’t willing to give up and are clenching their teeth, holding oversized long positions with high leverage to bet on a rebound. $FOLKS #FOLKS #资金费率 # altcoins Do you think this chase-up money can wait for a rebound?
Ethereum Liquidates $2.74M in 1 Hour, 97% All Hit the Long Side
In the past hour, the total liquidation across the whole network was $11.85 million; about 90% came from longs. This round is killing those chasing longs. Ethereum alone accounted for $2.74 million, nearly a quarter of the network’s total in that hour, and 97% of it was longs. Out of 382 liquidation trades, you can hardly find any shorts at all. Bitcoin in the same period wasn’t much better: in $1.10 million of liquidations, 96% were longs. Stretch it out and it becomes even more obvious: over the past 24 hours the whole network saw roughly a 50/50 split in liquidations; under the 4-hour window, the long side’s share rose to 84%; and in the most recent hour it surged to nearly 90%—the force behind short-term liquidation of longs is accelerating, not due to a random one-off move.
Altcoin Season Index jumps 20 points in 6 days, yet 79% of ETFs still hoard Bitcoin
Conclusion first: altcoin sentiment is rising faster than the money. The Altcoin Season Index surged from 48 to 68 over the past 6 days—up 20 points. This suggests that more and more altcoins are outperforming Bitcoin during this period, and market sentiment is tilting toward altcoins. But real cash didn’t quite follow. Today, ETF net inflows totaled $905 million, with $715 million still going into Bitcoin, accounting for 79%. Ethereum received only $162 million, or 18%. Solana got even less—$28.87 million, or 3%. The Fear & Greed Index is at 71, in the greed range. Retail sentiment is hot, but institutional funds are still clinging to that Bitcoin ship.
Today, the gainers and decliners lists are sharply split. The situations for chasing highs versus trying to bottom-fish are completely different. Gainers list: SAGA surged 27% with nearly $50 million in trading volume; ZRO rose 21.7% with over $100 million; NIL gained 23%, and the volume strength holds up. The most eye-catching on the decliners list is MUBARAK: it dropped 21% in a day, while its trading volume expanded to more than $800 million—price-volume divergence, distribution at high levels. Those who chased it two days ago are basically trapped for now. On the gainers side, rebounds have volume to take the baton; on the losers side, the sell-off is volume-heavy. $SAGA $MUBARAK #涨跌幅榜 #Market movement What you’re holding—are you looking at the gainers list or the decliners list? Check in real time: https://www.coinboss.com/gainers-losers
Bitcoin near the day’s low as a single address gets liquidated twice within 8 seconds, totaling $2.96 million
To sum up first: in this past hour, Bitcoin has almost exclusively liquidated longs. Of the 916 liquidation trades, 99.5% were longs being punished, while shorts were only forced out for $64,000. The current price is around 85,452. It’s down 0.6% over 24 hours, with a high of 87,247 and a low of 85,206. Right now, it’s basically trading along the day’s low point—that’s the backdrop against which the long positions are being concentratedly liquidated. In the past hour, the entire network liquidated a total of $11.9 million in BTC, with longs accounting for $11.84 million. The most eye-catching part is that a single Hyperliquid address was first hit for $592,000, and just 8 seconds later another $2.367 million liquidation followed immediately, totaling $2.96 million wiped out. At the same time, OKX also saw two long positions of $850,000 each closed out in sync—this isn’t just one address having bad luck; the leveraged long side across the whole market was suffering at once.
Binance liquidations of $123M take the top spot—within 1 hour, the tone abruptly changes as longs get hit
Binance alone took on more than 40% of the liquidations across the whole market. Over the past 24 hours, total liquidations across the whole network reached $309 million; Binance accounted for $123 million (39.9%). OKX followed with $84.22 million (27.3%). The two exchanges together absorbed two-thirds of all liquidations. Watching bears for 24 hours is even worse; Binance bears were liquidated for 71.17 million, which is nearly 40% more than the 51.96 million liquidated on the long side. In the past hour, the market mood has flipped: the entire network saw $20.51 million liquidated, and 94.5% of it was longs getting hit. Chasing shorts on this day isn’t easy; don’t get too quick to relax if you’re chasing longs, either. $BTC $ETH #爆仓 #币安 #exchange How much longer can the long side take a beating this time? Check in real time: https://www.coinboss.com/liquidations