How much BTC liquidations spiked today?

TLDR

BTC liquidations spiked today (UTC), with roughly $130 million wiped out in the last few hours, mostly shorts, per a real?time derivatives update on X.

1. A separate trader recap cited $179.8 million in a single session on X.
2. Squeeze zones were concentrated near $90.7k$92.2k, where short liquidations cluster on X.
3. Recent 24h context: total liquidations were $209 million, with 82% shorts, per a market note from Crypto Briefing.

Deep Dive

1. Size Today

The most recent intraday prints show BTC liquidations topping about $130 million over the last few hours, with bears taking the brunt of the move as price hunted thick heatmap bands on X. Another session recap put single?session liquidations at $179.8 million, underscoring how the exact figure varies by window and tracker on X.

2. Why It Spiked

Liquidations clustered near $90.7k$92.2k, a zone with stacked short stops and dense liquidation bands. When price pushes into those areas, forced buy?backs cascade and fuel fast moves higher on X. This dynamic can flip quickly if price rotates back toward long?side clusters below $89k, risking a cascade in the opposite direction.

3. Recent Regime

Beyond todays spike, the recent 24h backdrop showed $209 million in total liquidations, with over $170 million tied to shorts (about 82%) as BTC rebounded, per a market note from Crypto Briefing. That mix indicates a market skewed toward short squeezes when spot demand catches thin depth.

Conclusion

BTC saw a clear intraday liquidation spike today, with flows concentrated around short?side clusters that amplified the move. If price holds above squeeze zones, forced covering could persist; a turn back toward long?side bands below $89k would increase cascade risk. For decision?making, watch the $90k$92k area and whether liquidations continue to skew heavily toward shorts.