As of February 1, 2026, Coinglass data shows over $2.566 billion in cryptocurrency liquidations in the past 24 hours, with value investing in crypto facing sharp pressure. Long positions accounted for $240.7 million, while short positions totaled $15.9 million. A total of 424,317 users were liquidated, with the largest single loss on Hyperliquid for the ETH-USD pair at $222 million. Technical analysts are closely watching the market's next move.
BlockBeats news: On February 1st, according to Coinglass data, the total liquidations across the entire network in the past 24 hours rose to $2.566 billion, with long position liquidations amounting to $2.407 billion and short position liquidations totaling $159 million.
A total of 424,317 people worldwide have been liquidated, with the largest single liquidation occurring on Hyperliquid - ETH-USD, amounting to $222 million.