🚨 $138 million liquidation in 4 hours! Bulls collectively "hit the wall," ETH and BTC are the hardest hit

The short-term volatility in the crypto market has intensified again, with a large amount of leveraged funds being rapidly liquidated.

Data shows that in the past 4 hours, the total liquidation amount across the network reached $138 million, with long positions being the main liquidation target.

📊 Liquidation Breakdown

Total liquidation amount: $138 million
Long positions liquidated: $127 million
Short positions liquidated: approximately $11.19 million

From the data, this round of market movement clearly involves a liquidation concentrated on long positions, indicating that short-term pullbacks have caused significant impact on high-leverage longs.

📉 Mainstream coin liquidation situation

Ethereum (ETH) liquidation: $46.69 million
Bitcoin (BTC) liquidation: $45.74 million

The combined liquidation scale of the two major assets approaches $100 million, making them the primary sources of this liquidation wave.

🔎 Market logic

When the market experiences a large number of long position liquidations in a short period, it usually indicates:

Previous upward movement attracted a lot of chasing-buying funds
Leverage positions are overly concentrated
Short-term pullback triggers chain reactions of liquidations

This is also a typical "leverage squeeze effect" in the crypto market.

🌱 A message for traders

In the world of trading,
The real risk is not market volatility, but losing control of your positions.

Control leverage, stay rational,
Only then can you survive longer and go further in this highly volatile market. 🚀📊