The crypto market on the evening of December 17 experienced a thrilling surge.



Around 10:45 PM, Bitcoin suddenly surged, breaking through the $90,000 mark in a short-term move, causing bullish traders to cheer. But the turn came quickly—selling pressure flooded in, and Bitcoin dropped sharply, even breaking below the $87,000 support level. Ethereum's performance was similar: first soaring to $3,000, then quickly retreating to around $2,850.

How much money was wiped out during this intense volatility? According to on-chain data, the total liquidation amount across the network in the past 4 hours reached $194 million. Long positions were liquidated for $72 million, and shorts suffered even more, with $121 million wiped out—both sides took a hit.

Watching this kind of movement, many traders chasing the rally or panic-selling can only sigh. Behind the thrill of short-term trading, the outcome is often like this: the dream of quick profits instantly turns into a liquidation notice. This also reminds us that in highly volatile markets, risk management should always come first.
BTC1,35%
ETH0,88%
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DAOdreamervip
· 2025-12-20 16:12
It's the same old trick again, both long and short positions are being wiped out... Looks like I still need to keep some bullets in reserve.
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DuckFluffvip
· 2025-12-20 07:32
Damn, it's the same old trick. Still haven't learned to cut losses, everyone.
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MetaNeighborvip
· 2025-12-18 11:57
It's the same story again, tonight's market is really a meat grinder... 194 million was lost directly, luckily I didn't chase the high this time.
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pumpamentalistvip
· 2025-12-18 04:43
It's the same old trick again; the bagholders at high levels are going to suffer losses once more.
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MentalWealthHarvestervip
· 2025-12-17 19:50
Oh my god, in this wave of the market, my friend was directly liquidated, and I still have two months' rent to cover.
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MevWhisperervip
· 2025-12-17 19:49
Another feast of cutting leeks, 194 million just disappeared, and the bears were swept even more thoroughly. This is the true face of the futures market.
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MEV_Whisperervip
· 2025-12-17 19:49
Here we go again. At 10:45, I got wiped out with a 72 million long position. Damn it.
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APY_Chaservip
· 2025-12-17 19:30
Here we go again, this roller coaster in seconds... I was directly put into a nesting doll last night
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AirdropHuntressvip
· 2025-12-17 19:21
194 million liquidation, bilateral bloodbath... This is the consequence of chasing the trend, the data is right here.
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