#策略性加码BTC Recent market fluctuations have been quite intense. According to the latest market data, the total liquidation amount across the entire network in the past 24 hours reached $209 million, which is indeed a significant scale. Among them, longs were liquidated for $57.9087 million, and shorts didn't fare much better, with $151 million being liquidated as well.
Looking specifically at the performance of mainstream coins: Bitcoin saw long positions liquidated for $8.9236 million, while short positions suffered even greater losses, with $60.0588 million being liquidated. Ethereum's situation is similar, with long positions liquidated for $6.22 million and short positions for $29.8496 million. Based on these ratios, it's clear that short sellers are suffering more.
Even more astonishing is the number of participants—89,965 people were liquidated globally within 24 hours. The largest liquidation event occurred on the ETHUSDT trading pair, where a single order was liquidated for $2.9508 million. Such level of liquidation is usually driven by high leverage and no stop-loss strategies.
Now I'm curious, what is the mindset of those who were shorting now? Are they accepting losses and exiting, or waiting for a rebound to re-enter? Given this market volatility, it seems we need to be more cautious.
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MetaverseLandlord
· 12h ago
The bears have really been wiped out, this market trend is incredible.
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QuorumVoter
· 12h ago
This wave of shorting indeed resulted in heavy losses; the death of leverage traders is all the same.
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ServantOfSatoshi
· 12h ago
The shorts are really stunned this time, over 60 million USD just gone... I think we need to wait a bit longer, the bottom signal is still not clear enough.
#策略性加码BTC Recent market fluctuations have been quite intense. According to the latest market data, the total liquidation amount across the entire network in the past 24 hours reached $209 million, which is indeed a significant scale. Among them, longs were liquidated for $57.9087 million, and shorts didn't fare much better, with $151 million being liquidated as well.
Looking specifically at the performance of mainstream coins: Bitcoin saw long positions liquidated for $8.9236 million, while short positions suffered even greater losses, with $60.0588 million being liquidated. Ethereum's situation is similar, with long positions liquidated for $6.22 million and short positions for $29.8496 million. Based on these ratios, it's clear that short sellers are suffering more.
Even more astonishing is the number of participants—89,965 people were liquidated globally within 24 hours. The largest liquidation event occurred on the ETHUSDT trading pair, where a single order was liquidated for $2.9508 million. Such level of liquidation is usually driven by high leverage and no stop-loss strategies.
Now I'm curious, what is the mindset of those who were shorting now? Are they accepting losses and exiting, or waiting for a rebound to re-enter? Given this market volatility, it seems we need to be more cautious.