The recent market volatility has been quite intense. According to on-chain data, the total liquidation amount across the entire network in the past 24 hours reached $287 million — a figure that warrants caution. Among these, long positions suffered heavy losses, with liquidations totaling $241 million, while shorts also fared poorly, with liquidations of $46.3 million.
Looking at specific cryptocurrencies, Bitcoin saw long liquidations of $60.76 million and short liquidations of $9.49 million. Ethereum experienced similar trends, with longs liquidated for $73.82 million and shorts for $8.34 million.
Even more astonishing, within just 24 hours, 99,555 trading accounts were liquidated. The most dramatic case involved a single liquidation on a major exchange’s BTC-USD contract, with an amount as high as $3.6396 million — a trader’s dream, possibly shattered in that very moment.
Seeing these figures, we remind everyone to be extremely cautious when trading with leverage. Properly managing positions and setting stop-losses are the keys to long-term survival. The market is always there, but your principal must be preserved.
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WalletAnxietyPatient
· 01-11 01:34
Oh my god, 3.63 million burned in one shot, this is the price of leverage.
Both longs and shorts are dying, really no one is winning.
Don’t ask me how I know, the account balance is the witness.
99,555 liquidation accounts, isn’t one of them me? Haha... No, that’s not funny.
Stop loss, stop loss, stop loss—can you survive by reciting it three times?
The market is always here—this phrase really hits home.
All lessons learned at a bloody cost, everyone, leverage is really not something to play with.
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MemeEchoer
· 01-10 23:41
Another day of slaughter, these numbers are eye-watering...
99,555 accounts liquidated? Talking about it just brings tears, brother.
Leverage is a double-edged sword; it’s great when you’re making money, but when you lose, it’s straight to the rooftop.
That 3.63 million yuan trade, I can only imagine this guy’s mindset at the time, sigh...
Stop-loss is really crucial; don’t stubbornly hold on and gamble at the bottom.
Having your principal intact is more important than anything.
This time, it’s really time to wake up; not all market conditions are profitable.
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LightningClicker
· 01-10 12:58
Oh my god, 287 million liquidation? Is this a clearance sale?
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SighingCashier
· 01-08 03:01
Holy crap, 287 million in liquidations in a single day? How many people must have gotten wiped out... That guy lost 3.63 million in one shot, I'm just wondering how he's doing now...
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AirdropworkerZhang
· 01-08 03:01
Damn, another liquidation. 99,555 retail investors lost everything in one day. This round was really brutal.
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SerumSurfer
· 01-08 02:59
99,555 accounts liquidated, how aggressive must that be... Leverage really is poison; I've seen too many wipe out overnight.
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StillBuyingTheDip
· 01-08 02:54
It's another day of leek harvesting, with 287 million liquidated in one day. This number is really outrageous.
Wait, that guy with 3,639,600 is really fierce, going all-in in one shot? I can't imagine how he placed such a huge order.
Honestly, looking at these data points, I feel a bit relieved that I only hold small positions and am still alive.
This wave of market movement is indeed fierce, but it seems that the guys who went long got hit even harder. You really need to set proper stop-losses, or you'll end up being the next leek.
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RektRecorder
· 01-08 02:54
Oh no, another day of bloodshed, with $3.63 million just evaporated. This deal is really ruthless.
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ThesisInvestor
· 01-08 02:43
99,555 accounts gone in a day? Damn, that's a crazy number. Leverage is to blame again.
The recent market volatility has been quite intense. According to on-chain data, the total liquidation amount across the entire network in the past 24 hours reached $287 million — a figure that warrants caution. Among these, long positions suffered heavy losses, with liquidations totaling $241 million, while shorts also fared poorly, with liquidations of $46.3 million.
Looking at specific cryptocurrencies, Bitcoin saw long liquidations of $60.76 million and short liquidations of $9.49 million. Ethereum experienced similar trends, with longs liquidated for $73.82 million and shorts for $8.34 million.
Even more astonishing, within just 24 hours, 99,555 trading accounts were liquidated. The most dramatic case involved a single liquidation on a major exchange’s BTC-USD contract, with an amount as high as $3.6396 million — a trader’s dream, possibly shattered in that very moment.
Seeing these figures, we remind everyone to be extremely cautious when trading with leverage. Properly managing positions and setting stop-losses are the keys to long-term survival. The market is always there, but your principal must be preserved.