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The trading market in the past 24 hours still has some gunpowder — the total liquidation amount across the network reached $252 million, which is indeed a significant scale. From both bullish and bearish sides, longs were liquidated for $215 million, and shorts were not spared either, with $36.82 million in liquidations. The pressure on the longs is a bit greater.
Specifically, for mainstream coins, Bitcoin liquidation was about $61.38 million, and Ethereum liquidation was about $58.95 million. These two large-cap coins carried a considerable amount of liquidation volume. It seems that the market volatility this time is quite strong, and many leveraged traders have been caught off guard.
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2.52 billion in margin calls, the longs are bleeding heavily, serves them right
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Bitcoin and Ethereum both took heavy hits, it seems this volatility is no joke this time
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Again, after a wave of market movement, all the longs are gone, and the shorts didn't escape either. Who won?
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This market is highly volatile, leverage traders really got played again
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Over 2.15 billion long positions wiped out... that's why I don't trade with leverage
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Looking at this liquidation data, it feels like the market is shaking out the weak hands. Those who can survive and exit are the winners
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Oh my god, 61.38 million Bitcoin liquidated, what kind of concept is that...
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Longs were cleared out for 2.15 billion, this scale is indeed a bit terrifying
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Another wave of liquidations, leverage traders paid their tuition again this time
Here we go again. This volatility is called an opportunity in a nice way, but in a harsh way, it's a feast for harvesting retail investors.
BTC and ETH both crashed together, it seems mainstream coins can't even protect themselves, and we still have to rely on ourselves to run.
With a liquidation scale of 252 million, that's quite brutal. I wonder how many people won't sleep tonight.
Longs were wiped out for over 200 million, yet they still stubbornly insist. You guys are really something.
Looking at this data, I can't help but think of the previous flash crash. Why is it always the longs that get unlucky?
Shorts also exploded over 36 million, which is quite funny. No one will survive.
Leverage traders have learned a lesson again this time. Is the tuition fee expensive, everyone?
This market’s temper is really getting stranger. Holding on or cutting losses is both painful.
Leverage traders are being liquidated again. When will they learn their lesson?
BTC and ETH, these two big brothers, are under pressure. How will they move forward, everyone?
2.5 billion in liquidations, sounds really fierce. This market trend is extraordinary.
Longs lost 215 million directly GG. Are the shorts having a better time?
It's the same old trick. When volatility spikes, they start clearing out people. Traders' morale is collapsing.
Bitcoin and Ethereum are being sacrificed together. Are they trying to dump the market?