On January 10th, the crypto market experienced intense volatility. In the past hour, leading cryptocurrencies saw a single liquidation of $1,078,000, with significant pressure on the shorts. The total liquidation amount over 24 hours rose to $114 million, with longs continuing to suffer losses. A total of 61,793 people were liquidated, and Hyperliquid exchange's BTC-USD trading pair even saw the largest single liquidation of $2,519,200.