Recently, the Get Liquidated in Crypto Assets has been quite intense! Let me sort it out for everyone.



Wow, this Get Liquidated data makes my heart race! Over 100,000 people got liquidated within 24 hours, totaling 250 million USD, which is almost 1.8 billion RMB! This market is just too exciting, isn't it?

Let's take a look at the specific data.

Time:

· In the last hour: nearly 10 million dollars got liquidated.
· Last 4 hours: Got liquidated over 40 million, obviously accelerated.
· In the last 12 hours: directly soared to 169 million
· Total in 24 hours: 250 million USD

The rhythm is getting more intense as we move forward, the market is definitely in for some wild fluctuations!

In terms of coin types (looking at the 4-hour data):

· Bitcoin: $19.35 million (accounting for nearly half)
· Ethereum: 6.29 million USD
· Dogecoin: $1.46 million

Sure enough, Bitcoin dominates the market. When it shakes, the entire market has to follow the tremor!

The situation of the exchange is more interesting:

· Bybit: More than 16 million got liquidated, 96% of them were short sellers.
· Binance: Got Liquidated over 11 million, 78% were short positions
· OKX: Got Liquidated 4.7 million, 93% are short positions

Did you notice? Basically, it's the people who are shorting that are losing, the market might have suddenly rallied?

What should we do now? Here are some practical suggestions.

If you are playing with contracts:

· Don't set the leverage too high! This market teaches you a lesson in no time.
· You must set a stop loss! Don't be reluctant, or it might take you out in one wave.
· Don't put all your money on one coin, it's safer to diversify.

If you are shorting:

· Although there are many short positions getting liquidated now, don't follow blindly.
· The market may rebound at any time, so when shorting, you must set a good stop loss.

If you are a long-term player:

· This volatility is actually an opportunity to buy in batches.
· Focus on mainstream coins like Bitcoin and Ethereum.

In short, the market sentiment is currently quite fearful, and everyone is bearish, but often this is when unexpected things happen. It is advised that everyone manage their positions well, don't get too carried away, and preserving capital is the most important!

---

Statement: I am just chatting about data, it does not constitute investment advice! The crypto assets circle has high risks, and investments should be cautious! #加密圈生存指南
BTC-0,29%
ETH-0,97%
DOGE-1,27%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)