Bitcoin's USD decline is fierce, with bullish liquidations exceeding $1 billion

LiquidatedAgain · 2026-02-09T11:15:45+00:00

Recently, Bitcoin prices have experienced extreme volatility, briefly falling below $80,000 and reaching $79,000, resulting in over $270 million in liquidations, with the liquidation amount reaching $1 billion within four hours. This decline has intensified market pressure, and investor sentiment has shifted to caution. The current price is around $68,000.

LiquidatedAgain

2026-02-09 11:15:45

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Cryptocurrency markets have recently experienced intense volatility, with Bitcoin’s USD price undergoing significant adjustments. According to the latest market data, BTC has fallen to around $68,920, after a rapid decline earlier this week that briefly broke below the key support level of $80,000, reaching a low of $79,000. This USD decline triggered a chain reaction in a very short period.

Large-Scale Liquidation Events Triggered in a Short Time

According to data disclosed by BlockBeats, within just one hour after the price broke below $80,000, the market saw over $270 million in positions liquidated. Even more shocking, according to real-time monitoring data from Coinglass, over $1 billion in long positions were wiped out in the past four hours, reflecting the intense market volatility during this price drop.

Coinglass Data Reveals the Full Picture of Market Turmoil

This massive long liquidation event far exceeded expectations. From the real-time data provided by Coinglass, the rapid accumulation of liquidation volume indicates that market participants responded quickly to the falling prices. Such large-scale liquidations often further exacerbate downward pressure, creating a vicious cycle in the market. Currently, BTC/USD is fluctuating around $68,000, showing that the market is digesting the previous intense volatility. Many investors have suffered losses during this decline, and market sentiment has clearly shifted to caution.

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