Six traders were liquidated with over $10 million, BTC short positions become the main casualties

【Blockchain Rhythm】On January 14th, the market experienced a sharp rebound. According to on-chain monitoring data, a well-known leverage trading platform experienced a series of large liquidation events, with six traders losing a total of over $10 million due to misjudgment of their position directions.

Specifically, four traders were liquidated for shorting Bitcoin, losing $5.8227 million, $1.3937 million, $1.294 million, and $1.4531 million respectively. Another trader was liquidated on an Ethereum short position, losing $2.4714 million. Additionally, one trader was forcibly liquidated for shorting Solana, with a loss of $4.7641 million.

Looking at the distribution of liquidations, BTC short positions were the main victims in this rebound, accounting for the largest proportion. The market rebound was so rapid that it clearly exceeded the risk management expectations of many short traders. These large liquidation events also serve as a reminder to investors that in the highly volatile crypto market, leverage trading should be approached with caution, and risk management is crucial.

BTC-0,4%
ETH-0,9%
SOL-1,64%
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
MelonFieldvip
· 01-17 03:04
The shorts have been slaughtered again and again, this time really tragic... Over 10 million gone Shorting BTC is the worst, a guy directly lost $5.82 million, unbelievable Who could have predicted such a strong rebound, risk control is virtually non-existent? Fortunately, I didn't use leverage. Seeing these numbers makes my legs weak BTC has this temper, a sudden surge catches everyone off guard Four people shorted BTC and all got eaten, how bearish does that look... That guy on Solana lost 4.76 million, that's just outrageous From now on, I should just stick to spot trading, leverage is too刺激 Is this rebound a "surprise" or should the bears reflect? Another slaughter feast, the futures market never lacks the big fools
View OriginalReply0
blockBoyvip
· 01-17 01:27
Shorts get hammered, this is the price of betting on the wrong direction It's the familiar liquidation show again, who can withstand such a strong rebound in BTC, over 10 million USD disappeared in an instant Short sellers are probably crying, I just watch silently Risk management expectations? Ha, leverage traders have no expectations at all, just go all-in This rebound is incredible, all short positions wiped out, my long positions are making gains Ten million, how greedy do you have to be to lose so much Liquidation warning: Never go against the main force
View OriginalReply0
NFTregrettervip
· 01-17 01:27
Looking at these numbers, I just laugh. Are the bears still sleepwalking? Such a strong rebound and they dare to go naked. This is the cost of playing with leverage. --- Over ten million just gone like that. I just want to ask, do the guys shorting Bitcoin really have the courage? --- BTC short positions are bleeding out. What are you gambling on? The market doesn’t even give time to react. --- This is true wealth transfer. Risk management expectations? Completely unpredictable, my friend. --- Six people totaling over ten million. Even the big players aren’t that safe. --- Bears should wake up. This rebound has directly taught a lesson to a bunch of people. --- Looking at this liquidation list, I know someone is about to cry and exit the market. --- Leverage feels good for a moment, but always using leverage is always fun... No, it’s liquidation and cremation. --- Such a sudden rebound, those betting on a decline really didn’t see it coming, did they? --- Ten million dollars gone just like that. Where’s the risk control awareness of these traders?
View OriginalReply0
GasFeeBarbecuevip
· 01-14 04:42
The bears were brutally taught a lesson again, losing over 10 million. The rebound strength directly stunned people. Leverage is really something—predict the wrong direction, and your health bar gets deducted. BTC short positions make up the majority; this time, the bears indeed misjudged. Why insist on going against the market? The rebound is so fierce, yet they stubbornly hold onto their shorts. A single explosion of 5.82 million—how painful that must be. Seeing others get liquidated makes me feel relieved; it means I’m still alive.
View OriginalReply0
NFT_Therapyvip
· 01-14 04:35
Shorts really caught me off guard this time, the rebound came back so fiercely... Shorting BTC was the worst, directly losing over 10 million... Leverage is something you really need to use cautiously, or else you'll become someone else's ATM. Friends who are bullish on ETH and SOL, are you making a killing this round? Risk management? What's that, haha
View OriginalReply0
liquidation_surfervip
· 01-14 04:21
The nightmare of short sellers, over 10 million just gone, I really can't hold it together --- Leverage again, short selling again, it's always the same routine. When will they finally learn? --- BTC's rebound this time is too fierce, short positions were directly slaughtered, it hurts to watch --- 58.2 million liquidation... this guy probably can't sleep well, leverage is truly a double-edged sword --- Every time they say risk control is important, but some still suffer heavy losses. Can't learn from it, everyone --- Ethereum also got caught in the chaos. It seems no one can escape this rebound, the shorts are completely desperate --- 10 million USD... if it were me, I would have gone bankrupt and run away long ago. These traders have really strong mental resilience --- How did you open that Solana position? 4.76 million just gone like that, oh my god --- This is the real face of leveraged trading. When you make money, it's exhilarating; when you lose money, life feels worse than death --- Liquidation of short positions is too common, but the number still shocks people when it comes out. 10 million, bro
View OriginalReply0
FomoAnxietyvip
· 01-14 04:17
The shorts got wiped out again, this time nearly ten million dollars just gone like that. BTC's rebound was really sudden and unexpected; almost all the short positions got wrecked. Risk management? Haha, it seems just for show. Over ten million dollars evaporated—brutally speaking, that's the cost of gambling. Contracts, this thing, can wipe out your dreams in an instant.
View OriginalReply0
  • Pin