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Recent days have seen intense market volatility, with astonishing liquidation volumes across the entire network—total liquidations in the past 24 hours reaching $209 million. Among them, longs suffered heavy losses, with liquidations amounting to $57.9087 million, while shorts were not spared, with liquidations soaring to $151 million.
Breaking down by specific cryptocurrencies, the situation is even more noteworthy. For Bitcoin, long liquidations totaled $8.9236 million, and short liquidations reached $60.0588 million, clearly indicating that bearish traders took a significant hit. Ethereum also faced considerable pressure, with long liquidations of $6.22 million and short liquidations of $29.8496 million.
Even more alarming is the number of participants—within 24 hours, a total of 89,965 traders worldwide were liquidated, nearly reaching one hundred thousand. The most shocking single liquidation occurred on the ASTER ETHUSDT trading pair, with a liquidation worth $2.9508 million. Such figures are enough to alert any trader.
This wave of market activity once again demonstrates that controlling leverage reasonably and setting stop-losses are key to survival. The market is always full of uncertainties.