Bitcoin (BTC) Longs Bore 79% of $445M in 24-Hour Liquidations

Longs Bore 79% of $445M Flush

Leveraged longs carried nearly the entire cost of the latest crypto flush. Of the $444.82 million in positions liquidated across digital assets over the past 24 hours, roughly 79% — $350.87 million — came from bets on further upside, against just $93.95 million cleared from short positions. Bitcoin (BTC) was pushed back to the $76,800 area, a 1.50% daily decline, and the damage clustered there: BTC long liquidations hit $111.34 million, about twelve times the $9.37 million taken from shorts. Ethereum (ETH), down 0.53% at $2,448, saw $74 million in long positions wiped out. Aggregate derivatives data across major exchanges shows the pressure building through the session: long liquidations totaled $113.19 million over 12 hours, then $59.67 million in the final four hours — about 95% of that window's $62.78 million total — and in the last hour longs still outnumbered shorts, $2.39 million to $598,000. The pattern is textbook deleveraging, in which falling prices trigger margin calls on upside positions and those forced closures feed the decline in turn. The broader altcoin market confirmed the same dynamic: ZEC plunged 12.10% with $22.91 million in long liquidations, HYPE dropped 5.70% with $14.25 million cleared from longs, and SOL slipped 1.84% to $99.2 with $10.42 million in longs liquidated. Commodities printed the mirror image — crude oil's 5.24% rally forced $19.04 million in short liquidations against only $1.73 million for longs. In effect, every leg lower stripped another layer of leverage from the long side, thinning the book that had financed the recent run higher. What the raw totals do not show is where the remaining leverage is parked — and the liquidation map suggests the larger pool now sits above the market rather than below it.

$1.5B Short Leverage Above Spot

The exchange-aggregated liquidation map shows a clear asymmetry around the price at which it was drawn, near $76,800. Below the market, the nearest meaningful pool of long liquidation liquidity sits at $76,200-$76,400; a break through that zone would generate additional forced long selling and could accelerate any further decline. Above the market, the short side is materially thicker. A cluster begins at $77,600-$77,900 and builds toward $78,500-$79,000, where accumulated short liquidation leverage reaches roughly $1.5 billion on an all-exchange basis, against about $1 billion of cumulative long liquidation leverage underneath. Binance's own book shows the same tilt, with upper cumulative liquidation leverage near $600 million exceeding the lower side. That imbalance underpins the more constructive short-term reading: if Bitcoin market coverage has a single price to watch, it is the $76,200 line — defended, a recovery through $78,000 would steer price toward the $78,500-$79,000 short liquidity, and a move above $79,000 could mechanically convert forced short buybacks into incremental demand, stretching volatility toward $80,000. None of this amounts to a directional forecast. As our earlier coverage of Bitcoin holding near $77K emphasized, spot flows and open-interest shifts — not liquidation maps alone — decide the outcome; the map only describes where leverage is parked. Whether it is swept from above or below depends on spot demand, whether through ETF flows or direct exchange buying, and on how quickly open interest rebuilds after the deleveraging wave. The flush itself leaves leveraged books lighter while hodl-oriented holders sit untouched. The $76,200 defense therefore stands as the pivotal variable for the next session: holding it keeps the squeeze scenario alive, while losing it opens a second leg of long liquidation. Readers tracking the market in real time can follow live spot and futures prices on Bybit.

$79K Short Cluster in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $79,031 resistance at 75/100, driven by R2 pivot and Ichimoku Tenkan confluence, with the $77,080 shelf close behind at 74/100 on EMA 20 and pivot-point sources — spot now trades at $76,968, just beneath it. Downside, the $73,703 support scores 83/100 on high-volume-node, Fibonacci 0.382 and EMA 50 confluence; losing that level would invalidate the squeeze thesis. Derivatives positioning still skews long: funding at 0.0043%, open interest of $15.45 billion and a 1.66 long/short account ratio (62.5% long) mean the long book, though thinned by the flush, remains the heavier side, with Fear & Greed at 56 (Greed). The lopsided map keeps $79,000 the level longs are aiming at.