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Post

2026-08-23 06:19:10

$84M IN CRYPTO LONGS JUST GOT WIPED OUT IN THE PAST HOUR

Bitcoin has fallen back below $76,000, triggering a wave of liquidations across the market.

This is what leverage does.

The move down forces longs to sell, which creates more selling pressure, which triggers more liquidations.

And suddenly a small move becomes a much bigger one.

This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.

BTC+0.38%

2
10
1.33k

Add a comment

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Comment

BollingerBander

2026-08-25

The market teaches us one thing: without leverage, you can still wait for a rebound; with leverage, you don’t even have the right to wait. Protect your principal.

00View Original

SealerSeeker

2026-08-25

This is how panic selling turns into a stampede: you sell, and I sell too, until everyone is jammed at the exit. Bitcoin has fallen back to $76,000, and another wave of liquidations may follow. Futures traders should stay away.

00View Original

DeFiFaucet

2026-08-23

That’s how leverage works: get the direction wrong and you go straight to zero.

00View Original

NFTDreamer

2026-08-23

Ah, the same old story again.

00View Original

CyberSamurai

2026-08-23

This market is a meat grinder for leveraged longs. What you think is a minor pullback can actually trigger a cascade of liquidations until you question your entire life. So the old saying is always right: don’t use leverage; staying alive is the only way to have a chance.

00View Original

CryptoStoryTeller

2026-08-23

First Review

Every time I see news about liquidations like this, I can’t help but laugh. Futures traders really do lose money fast, while spot traders actually hope prices drop further so they can buy the dip.

00View Original

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