{"id":125858,"date":"2026-01-09T10:45:00","date_gmt":"2026-01-09T10:45:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=125858"},"modified":"2026-01-09T10:45:00","modified_gmt":"2026-01-09T10:45:00","slug":"hyperliquid-accounted-for-bulk-of-150m-long-liquidations-during-btc-correction","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=125858","title":{"rendered":"Hyperliquid Accounted for Bulk of $150M Long Liquidations During BTC Correction"},"content":{"rendered":"

A sharp drop below $90,000 sent Bitcoin into a fast and heavy shakeout on Thursday, 8 January 2026, wiping out a large block of leveraged long positions across the market.<\/span><\/p>\n

CoinGlass <\/span>data<\/span><\/a> shows that about $145M in long liquidations were triggered in two quick hourly waves.\u00a0<\/span><\/p>\n

(Source: Coinglass)<\/a><\/p>\n

The first wave came around 07:00 UTC with $88.23M cleared. The second followed at 08:00 UTC with another $57.02M as Bitcoin briefly slipped under $90,000.<\/span><\/p>\n

DISCOVER: Top Solana Meme Coins to Buy in 2026<\/a><\/p>\n

Why Did Hyperliquid See $45M in Liquidations During the Sell-Off?<\/h2>\n

Hyperliquid took the hardest hit. The rising perpetual exchange logged roughly $45M in liquidations during the sell-off.\u00a0<\/span><\/p>\n

It also hosted the single biggest forced order of the period, close to $3.63M.\u00a0<\/span><\/p>\n

Hyperliquid accounted for about one-third of the damage during that hour, showing how fast leverage can unwind on one platform when prices fall without warning.<\/span><\/p>\n

The pressure came as US spot Bitcoin ETF flows turned negative again. Farside Investors <\/span>reported<\/span><\/a> $486.1M in net outflows on Jan. 7.\u00a0<\/span><\/p>\n

(Source: Farside)<\/a><\/p>\n

The largest withdrawals came from BlackRock\u2019s IBIT at $130M and Fidelity\u2019s FBTC at $247.6M.<\/span><\/p>\n

The market now waits to see whether the drop was a brief shakeout or the start of a wider cooldown as ETF demand softens.<\/span><\/p>\n

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2026<\/a><\/p>\n

HYPE Price Prediction: Is Hyperliquid (HYPE) Forming a Bearish Flag on the 12-Hour Chart?<\/h2>\n

Hyperliquid\u2019s native token HYPE is losing momentum on higher timeframes, based on a new chart shared by crypto analyst Ali Martinez.\u00a0<\/span><\/p>\n

The 12-hour chart shows HYPE forming what looks like a bearish flag after a sharp fall from the $36 zone.\u00a0<\/span><\/p>\n

Price has been climbing inside a narrow channel since that drop, creating higher lows and higher highs within two parallel lines.<\/span><\/p>\n

This kind of structure often signals a pause in the trend, not a full recovery. It suggests buyers are trying to steady the market after heavy selling, but without firm control.<\/span><\/p>\n

Hyperliquid $HYPE<\/a> is forming a flag that could result in a move to $19. pic.twitter.com\/ujBDmvzrWz<\/a><\/p>\n

\u2014 Ali Charts (@alicharts) January 8, 2026<\/a><\/p>\n\n

HYPE touched the upper edge of the flag near $28 and then pulled back, which shows sellers are still active at that level.\u00a0<\/span><\/p>\n

The failure to stay above resistance has pushed short-term momentum lower again.<\/span><\/p>\n

A clean break below the lower trendline would confirm a continuation of the earlier decline.\u00a0<\/span><\/p>\n

\u201cIf this flag breaks down, Hyperliquid could be heading toward the $19 zone,\u201d Martinez said, noting that this area lines up with previous support.<\/span><\/p>\n

For now, traders are watching whether the pattern breaks to the downside or if buyers can step in and regain lost ground.<\/span><\/p>\n

DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2026<\/a><\/p>\n

<\/span><\/p>\n

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Key Takeaways<\/h2>\n


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\n <\/span> Hyperliquid accounted for about one-third of the damage during liquidations.\u00a0<\/span><\/p>\n


\n <\/span><\/p>\n


\n <\/span> Hyperliquid\u2019s native token HYPE is losing momentum on higher timeframes, based on a new chart shared by crypto analyst Ali Martinez.\u00a0 <\/span><\/p>\n


\n <\/span><\/p>\n


\n <\/span><\/p>\n

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The post Hyperliquid Accounted for Bulk of $150M Long Liquidations During BTC Correction<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

A sharp drop below $90,000 sent Bitcoin into a fast and heavy shakeout on Thursday, 8 January 2026, wiping out a large block of leveraged long positions across the market. CoinGlass data shows that about $145M in long liquidations were triggered in two quick hourly waves.\u00a0 (Source: Coinglass) The first wave came around 07:00 UTC […]<\/p>\n","protected":false},"author":0,"featured_media":125859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-125858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125858"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125858"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125858\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/125859"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}