Bitcoin Futures Market, 3,399% Long Liquidation Imbalance… 284.3 Billion Won Evaporated in 24 Hours

In the Bitcoin futures market, an extreme liquidation imbalance occurred within one hour. Long position liquidations reached $5.35 million (about 7.436 billion won), while short position liquidations were only $157,000 (about 218.23 million won), showing an abnormal imbalance of 3,399%. This occurred during Bitcoin's price drop from $104,800 (about 1.456 billion won) to $103,800 (about 1.442 billion won). The consecutive falling candles demonstrate persistent selling pressure rather than a simple volatility surge. Large-scale liquidations continued across the entire cryptocurrency market. Ethereum had the highest at $6.43 million (about 8.937 billion won), followed by Solana at $2.65 million (about 3.683 billion won). Smaller assets like 1000PEPE futures also experienced liquidations of hundreds of thousands of dollars. According to CoinGlass data, over $22.6 million (about 314.14 billion won) was liquidated during the same period, with 95% being long positions. This suggests the market had a strong buying bias just before liquidation. Total liquidations over 24 hours reached $204.56 million (about 2,843.384 billion won). Of this, long positions were $144.53 million (about 2,008.967 billion won), and short positions were $60.03 million (about 834.417 billion won). 90,800 traders were liquidated, with the largest single liquidation being a BTC-USDT position of $2.21 million (about 3.071 billion won) on HTX exchange.