The market on January 13th was truly relentless. Over the past day, the total liquidation amount in the cryptocurrency market reached $169 million. It sounds quite frightening, but breaking it down, long positions lost $71.67 million, and short positions didn't fare much better, losing $96.88 million directly.
BTC experienced the most severe liquidations, contributing $48.22 million in a single coin liquidation, with ETH close behind at $23.79 million. The most outrageous part is that on this day, 86,301 traders had their positions liquidated. The most tragic case occurred on the Hyperliquid platform's BTC-USD trading pair—a liquidation order of $2.09 million was wiped out instantly. In such market conditions, without some risk awareness, you really can't play.
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The market on January 13th was truly relentless. Over the past day, the total liquidation amount in the cryptocurrency market reached $169 million. It sounds quite frightening, but breaking it down, long positions lost $71.67 million, and short positions didn't fare much better, losing $96.88 million directly.
BTC experienced the most severe liquidations, contributing $48.22 million in a single coin liquidation, with ETH close behind at $23.79 million. The most outrageous part is that on this day, 86,301 traders had their positions liquidated. The most tragic case occurred on the Hyperliquid platform's BTC-USD trading pair—a liquidation order of $2.09 million was wiped out instantly. In such market conditions, without some risk awareness, you really can't play.