Roughly 92% of the $1.09 billion in liquidations came from long bets, indicative of how heavily traders had been positioned for further gains before prices reversed.
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Shaurya Malwa
https://www.coindesk.com/markets/2026/01/21/bitcoin-drop-to-usd89-000-leads-to-usd1-billion-liquidations-for-bullish-btc-bets
2026-01-21 04:40:00
Bitcoin drop to $89,000 leads to $1 billion liquidations for bullish BTC bets
