How many BTC liquidations spiked today?

TLDR

BTC liquidations today were about $17.91 million (shorts $16.10M, longs $1.81M) per a market update based on Coinglass data, and the largest single BTC liquidation was $3.53M on Hyperliquid (update, trader summary).

1. Market-wide liquidations were roughly $124 million over the past 24 hours (update).
2. About 101,870 traders were liquidated in the same period (UTC) (trader summary).
3. Short-side liquidations dominated today, aligning with a squeeze setup in recent hours (desk update).

Deep Dive

1. BTC Liquidation Magnitude

BTC-specific liquidations today were approximately $17.91M in notional, split as $16.10M in short liquidations and $1.81M in long liquidations, per a Coinglass-cited community report (update).

• The largest single BTC liquidation order in the period was $3.53M on Hyperliquid (trader summary).
• Figures vary across providers and snapshots; treat them as directional magnitudes rather than precise totals.

2. Market-Wide Context

Across all crypto, liquidations today were reported around $124M (24h), with 106,559101,870%%CKPROTECTED5%% traders affected depending on the snapshot window (update, trader summary).

1. A late-session desk snapshot showed $146.3M liquidated in the last 4 hours, with roughly 88% of liquidations hitting shorts, consistent with a short squeeze dynamic (desk update).
2. Multiple intraday reads report over $100M in short liquidations in the 24h window, consistent with the dominance of short-side liquidations today (market note).

3. Likely Drivers

Volatility catalysts today included significant options expiry and thin liquidity pockets, which can magnify squeezes and liquidation chains (market note).

• Options expiry of about $2.2B in BTC and ETH often adds mechanical flows that interact with perp positioning and liquidation thresholds (market note).
• The short-heavy liquidation profile fits prior maps showing stacked short liquidity above price and clustered long levels below, a setup that can trigger squeezes when resistance breaks (liquidity map).

Conclusion

Todays BTC liquidations were modest in size at roughly $17.91M, but the market-wide picture shows a short-heavy flush that aligns with squeeze dynamics. If BTC sustains levels after options expiry, forced buying can extend; if momentum fades, clustered long liquidation zones below become relevant.