The technology of wire explosion have been used to product nanopowders. A new concept was proposed to produce metallic nanosized powders, which is wire explosion in liquid media. We have exploded the Ag or Cu wires of diameter of O.3mm, 40mm long, in the de-ionized water or acetone, respectively. Electrical energy of 1.1kJ was stored in 10uF capacitor and released to the wires through a triggered spark gap switch. The process was observed by high-speed camera. Those images showed that the powders were generated by vapor condensation in the shell formed by shock wave in the water. The particles were directly dispersed into the water with collapse of the shell. The sizes of Ag and Cu nanopowders were evaluated to 35nm and 17nm, respectively.