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.
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PaperHandSister
· 12h ago
Oh my god, nearly 100,000 people liquidated? As a paper trader, I feel heartbroken for them...
A single trade of 2.95 million was lost, how high must the leverage have been? You need such a good mindset to sleep peacefully.
Bitcoin shorts really took a huge loss this time, over 60 million USD just gone. Serves you right for being so greedy...
I think it's safer to just hold coins quietly without trading. Leverage is just a trap that can never be filled.
Looking at these numbers, I’m glad I don’t use leverage, or I would have already been on the liquidation list.
This time, I really need to learn my lesson. Stop-loss is so important, or else you're just gambling against the market.
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NFTArchaeologist
· 12h ago
100,000 people liquidated, this is another massacre. Futures contracts are really a man-eating thing.
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WagmiWarrior
· 12h ago
Wow, 100,000 people liquidated? How much damage did that cause?
Really, this wave of bearishness got hit hard, over $60 million, brother.
$2.95 million per liquidation? I'm fucking stunned.
How can anyone still open such large leverage? Isn't that just asking for death?
It's always like this, a bloody lesson.
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.