Crypto Market Experiences $104 Million in Liquidations on January 14, Short Positions Account for $102 Million

On Jan. 14, crypto liquidations spiked to $104 million within one hour, with $102 million coming from short positions, according to Coinglass. The surge signals heightened volatility and a sharp upward move that caught bearish traders off guard, forcing widespread short liquidations and underscoring the risks of leveraged short strategies in fast-moving markets.