$BTC This round of liquidations is too outrageous.

295,275 traders were liquidated.
Total liquidation amount is $1.8 billion.
But the longs haven't learned their lesson.
61k is starting to pile up 100x long positions again.
In the recent crash, the crypto market liquidated a total of 295,275 traders, with a total liquidation of $1.80 billion. This level of liquidation is no longer just normal volatility, but a systemic wipeout of leverage across the entire market.
The problem is, right after the liquidation, new high-leverage longs are coming back. Now around 61k, they are starting to re-accumulate 100x long liquidation positions. In other words, the previous batch was just sent out by the market, and the next batch is rushing in to bet on the rebound again.
This is the cruelest part of BTC right now. Every dip pushes longs to the brink of despair, but as soon as the price pauses slightly, Degen (high-risk gambling traders) immediately get greedy again, using 100x leverage to catch the falling knife.
The market loves this kind of chips. Because 100x leverage leaves no room for error; a slight dip in price can wipe out all these positions.
$1.8 billion just got liquidated,
and now 61k is stacking new prey.
This isn't bottom-fishing,
it's betting everything with the last paycheck on the market.