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Crypto buyers face massive 3,049% liquidation imbalance amid Bitcoin, XRP, and Ether rally correction

Technical Signals
23 Sep 2026
UToday
View Source
Bearish
Crypto buyers face massive 3,049% liquidation imbalance amid Bitcoin, XRP, and Ether rally correction

A sharp correction in Bitcoin, XRP, and Ethereum triggered a massive forced liquidation wave, with long positions losing $359.45 million out of $504.62 million total liquidations. The imbalance peaked at 3,049% in the final hour, mostly hitting buyers due to excessive leverage. This correction coincided with a risk-off move in global markets and a surge in Brent oil prices above $101, diverting liquidity from crypto. The liquidation map suggests further price pressure could continue as key liquidation points lie below current prices.

Bitcoin's market cap stands at Rp30.310,84 trillion as of Sep 23, 2026 22:52 WIB, with a 1-day price decline of 3.10% on Pluang. Ethereum and XRP also show notable market caps of Rp5.808,83 trillion and Rp1.703,3 trillion respectively, each experiencing price drops of 3.62% and 4.42%. These figures highlight the ongoing volatility and selling pressure in major cryptocurrencies during the recent liquidation wave.

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