Bitcoin (BTC) Prints 2,618% Liquidation Imbalance in Brutal Four-Hour Death Spiral: Crypto Apocalypse?

According to CoinGlass, Bitcoin bulls got steamrolled today — big time. In a ruthless four-hour window, over $118.63 million in long positions were force-liquidated, compared to just $4.53 million in shorts.

That is a 2,618% imbalance — one of the most one-sided liquidation events since 2026.

The total four-hour “rekt” count hit $123.17 million, exposing a brutal asymmetry in crypto dynamics. This was not just an ordinary liquidation wick. It is fair to call it a direct liquidation flush through long-heavy leverage, mostly concentrated near the $70,000 BTC defense line that had already been under stress since the previous session.

Morning Crypto Report: XRP Officially Decouples From Bitcoin Amid $850 Million Bloodbath, Ripples Main Japanese Ally to Launch Own Blockchain, Shiba Inu (SHIB) Eyes 26% Discount Thanks to Bear Market

Mark Dow: I Want Bitcoin to Go to Zero

Funnily, funding remained elevated across key platforms like Binance and Bybit, suggesting that bulls had not de-risked at all.

What does liquidation imbalance mean for Bitcoin (BTC)？

The liquidation imbalance on Feb. 5 points to a leveraged market in denial, holding on to bullish bias while deeper structural breakdowns were already forming across macro, ETF flows and derivatives.

The 24-hour figures show $466.32 million in long liquidations out of $527.99 million total — over 88% — but the four-hour chart is what caught particular fire.

You Might Also Like

Bitcoin market structure has been cracked during this flush as the leading cryptocurrency hit $69,000, a 2021 all-time high and crucial psychological level for BTC.

In this case, the 2,618% imbalance is a forensic marker of how far bullish conviction detached from execution risk.

Should the same environment persist in the next sessions, Bitcoin could be staring at a deeper de-risking cycle that takes it far below current psychological zones, with the $40,000 to $50,000 range acting as a magnet.