$420 million liquidated in 24 hours! 130,000 people liquidated, largest single loss $8.5 million

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[Bitpush] Another day of carnage. In the past 24 hours, total liquidations across the network reached $421 million, with longs wiped out for $350 million and shorts losing $71.18 million—looks like this dip hit leveraged bulls hard.

Breaking it down by token: Bitcoin longs were liquidated for $131 million, while shorts only lost $16.98 million, clearly a long squeeze. On the Ethereum side, longs lost $81.71 million and shorts were liquidated for $18.41 million—again, the bulls took most of the damage.

Worse yet, over 133,000 people were directly liquidated by the market in a single day. The craziest part: a single BTC contract on Hyperliquid was liquidated for $8.5 million—no idea which whale went all-in at the top.

High-leverage players definitely experienced the market’s ruthlessness this time. When volatility hits, it really can take you to zero in minutes.

BTC-0.93%
ETH-0.31%
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SchrodingerWalletvip
· 12h ago
All-in players got wiped out again; that's the fate of leverage.
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CryptoCrazyGFvip
· 21h ago
Damn, here comes another round of slaughterhouses. These leverage guys must really have a death wish. 8.5 million wiped out just like that. This guy is probably going to be eating dirt. While watching the show, I'm quietly relieved I didn't use leverage. Over 130,000 people are probably smashing their keyboards today. Can't imagine the expressions on those who went all in right now. The all-in culture gets harvested once again—truly ruthless. The market is never gentle, everyone.
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MemeTokenGeniusvip
· 12-06 03:05
The all-in bro is really done for this time, 8.5 million gone just like that. I'm honestly just stunned.
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HodlTheDoorvip
· 12-06 02:59
Here we go again, this is exactly why I hate looking at long data, it's just unbelievable. All-in and liquidated again and again, my condolences to those who bought at the top—remember next time, don't go all-in to gamble. 8.5 million gone? That guy must have nerves of steel to play like that. This wave of liquidations should be a warning to everyone: leverage is just a meat grinder in this market, seriously. 420 million? Wow, just another day of retail getting rekt.
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MetaLord420vip
· 12-06 02:55
The high rollers who go all-in are really fierce—8.5 million is just gone like that. This is exactly why I only play with 1x leverage.
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