Get Liquidated data report: $350 million gone, 120,000 people buried!

The freshly released Get Liquidated data is a bit刺激啊:

· 24-hour Get Liquidated of 356 million USD (approximately 2.5 billion RMB)
· 120,000 people affected, with an average loss of nearly $3,000 per person
· Recently, $21.98 million got liquidated in the last 4 hours, and the market is still experiencing severe fluctuations.

Who suffered the most losses?

· ETH big brother: Get Liquidated 2.35 million USD in 4 hours
· HIFI, MYX these small coins: each got liquidated over 1.7 million (small coins with high leverage are indeed a disaster area)

Exchange Long and Short Competition

· OKX's worst: 81% got liquidated while longing, everyone chasing highs got buried.
· Binance: 63% Long Get Liquidated
· Bybit: 57% Long Get Liquidated

Advice for Iron Brothers

1. Don't stubbornly chase the highs! The bulls are too crowded right now, making it easy to get trampled.
2. Do not set the leverage too high; anything above 5 times is very dangerous.
3. Try not to touch contracts with small coins, the fluctuations are too large and they can disappear suddenly.

Remember: There are always opportunities in the market, but once the principal is gone, it's really gone! Control your hands to live longer~

(Data as of September 12, 20:00) #加密市场反弹