![Bitcoin liquidations in last 24 hours top $160M](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/01/bitcoin-hedge-1.jpg&w=70&h=37&q=75)
Bitcoin liquidations in last 24 hours top $160M
Data shows that a total of $160.7 million worth of BTC got liquidated in the last 24 hours.
![Bitcoin liquidations in last 24 hours top $160M](https://cryptoslate.com/wp-content/uploads/2023/01/bitcoin-hedge-1-768x403.jpg)
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The third most significant long Bitcoin (BTC) liquidation of 2023 occurred on Jan. 30, as over $160 million worth of BTC were liquidated in the last 24 hours, according to CoinGlass data.
At the time of writing, data shows that a total of $160.69 million worth of BTC got liquidated in the last 24 hours. This amount includes the 15 million long BTC liquidation recorded today, which marks the third-largest long BTC liquidation of 2023, according to CryptoQuant.
![BTC Long Liquidations (Source: CryptoQuant)](https://cryptoslate.com/wp-content/uploads/2023/01/BTC-Long-Liquidations.jpeg)
The first and second largest long BTC liquidations of the year were recorded on Jan. 19 and Jan. 15, with over 20 million and 16 million, respectively.
A similar movement in BTC liquidations was also recorded on Jan. 25, when the price of BTC breached $23,000, and total liquidations breached $200 million in 24 hours.
BTC is being traded for around $22,740 at the time of writing.