2026-01-02 14:22:38

The crypto ecosystem has never been about rules; both bulls and bears get their fair share of losses. Your long positions keep falling into the red, and in despair, you decide to go short. Just then, a surge hits, causing a liquidation and forcing you out. Even those worthless coins that should have zeroed out long ago can spike during your short, leaving you with a total loss. Conversely, when you think the market has stabilized and prepare to go long, it immediately turns downward.

Looking at recent data makes it clear. In the past 24 hours, $37.35M worth of BTC short positions were liquidated, and ETH saw even more severe liquidations with $51.07M in shorts cleared. Worldwide, 87,746 traders were forced out on this day, with total liquidations reaching $209.75M. The market is like a meat grinder, indiscriminately swallowing your principal.

BTC-1.16%

ETH-1.95%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
10
Repost
Share

Comment

0/400

LiquidityHunter

· 01-05 04:16

The market meat grinder is no joke, it's the fate of contrarian trading haha

View OriginalReply0

IfIWereOnChain

· 01-04 17:31

The crypto world is really the ultimate indicator of contrarian signals. The more you try to do the right thing, the more you get it wrong, it's absurd. The market is just going against human nature, it's incredible. Over 87,000 people have been liquidated, that number sounds utterly hopeless.

View OriginalReply0

ForkThisDAO

· 01-02 23:10

Really incredible, this move directly wiped out my account, those 2 ETH are gone.

View OriginalReply0

AnnaCryptoWriter

· 01-02 14:58

Vibe at 1000x 🤑

View OriginalReply0

AnnaCryptoWriter

· 01-02 14:58

Happy New Year! Christmas on the Moon 🌙🌒. Wishing you all your dreams come true, happiness, health, and a peaceful sky above your head.

View OriginalReply0

BlockchainTherapist

· 01-02 14:51

The crypto world really is a contrarian indicator; no matter how you operate, you're wrong. Shorts get wiped out, longs also die—whoever enters this meat grinder is doomed. Over 200 million in liquidation—it's outrageous. They truly treat retail investors as ATMs.

View OriginalReply0

HallucinationGrower

· 01-02 14:47

Ha, this is the crypto world. No matter how you operate, you're always wrong. Really, both longs and shorts are getting beaten, the market just loves to go against you. Yesterday I looked at the data and was stunned—over 200 million in liquidations... I'm telling you, stop fighting it. Who gets caught in this meat grinder, no one escapes. Long positions get liquidated, shorts also get wrecked, people are exhausted.

View OriginalReply0

MetaMaskVictim

· 01-02 14:33

The market is just a contrarian indicator; it does the opposite of what you think. Ridiculous.

View OriginalReply0

ClassicDumpster

· 01-02 14:32

Haha, the meat grinder is right. That's exactly how I was repeatedly educated last time. Being able to profit from both bulls and bears is truly amazing.

View OriginalReply0