2025-12-18 12:25:46

Market volatility hit hard in the last 24 hours as liquidations swept across derivatives exchanges. Nearly 160k traders got caught in the downturn, with total liquidations hitting $545.58M. The biggest blow landed on Hyperliquid's HYPE-USD perpetuals contract, where a single $11.08M position was wiped out. These kinds of spikes often signal sharp price moves and excessive leverage in the market—a reminder of how quickly things can turn when momentum shifts.

HYPE-2.11%

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.

25 Likes

Reward
25
7
Repost
Share

Comment

0/400

MemeTokenGenius

· 12-20 14:18

Leverage traders got liquidated again, this wave of liquidations is truly incredible... --- Did Hyperliquid's over 10 million get wiped out directly? It was just a瞬间... --- That's why I absolutely refuse to use high leverage; the risk is just too high, brother --- $545 million... how many people's dreams were shattered on this day --- Enjoy the show, but those who got liquidated must be feeling really miserable --- Another rollercoaster market, my heart really can't take it --- Derivative exchanges are just casinos; without some restraint, you really can't play --- What does it mean to have 160,000 margin calls at the same time... this market is indeed toxic --- Leverage is like poison; making money is exhilarating, but losing is deadly --- Hyperliquid's liquidation move was a bit ruthless

View OriginalReply0

GateUser-9ad11037

· 12-19 10:06

Leverage buddy is back in again, this time clearing 540 million? Truly impressive

View OriginalReply0

GasSavingMaster

· 12-18 22:50

Another round of bloodshed, is Hyperliquid this ruthless? 11.08 million just gone like that, it's a bit fierce. Leverage is really a double-edged sword; if you don't play it well, you can be wiped out in minutes. 545 million in liquidation volume... The market's rhythm is off, I need to stay cautious.

View OriginalReply0

orphaned_block

· 12-18 12:57

Leverage traders once again pay the price for greed, with a liquidation of 540 million. This number is a bit scary. Hyperliquid's over 10 million liquidation... Did they go long or short incorrectly? Honestly, at times like this, it all depends on who has enough respect for risk. 160,000 people being swept out at once—this pace is truly a bit crazy. Still want to fight it? Better first consider whether you can afford to lose.

View OriginalReply0

ProposalDetective

· 12-18 12:38

Here we go again, 160,000 people liquidated... These leveraged players are really tired of living.

View OriginalReply0

CountdownToBroke

· 12-18 12:35

$540 million liquidation, this leverage is really playing with fire and self-immolation... --- Hyperliquid's $11 million was directly liquidated, does anyone still dare to go all-in? --- 160,000 people buried in one day, this is the true face of derivatives trading. --- Here we go again, every time they say "remind us," but next time someone still wants to be the cannon fodder. --- The name "Bankruptcy Countdown" really seems to be prophetic. --- This wave of liquidations didn't even make the news much, indicating it's become quite normal. --- Perpetual contracts are truly a gambler's paradise; one misstep and it's game over. --- At the market turning point, the higher the leverage, the faster you die—lessons learned at a bloody cost.

View OriginalReply0

not_your_keys

· 12-18 12:27

Damn, is it like this again? 160,000 people were liquidated, who still dares to play contracts --- That over 10 million order on Hyperliquid was directly GG, this is the consequence of leverage --- Every time I say learn the lesson, next time I go all in again, I really don’t understand --- 4.5 billion liquidation amount, this number is a bit shocking... gotta stay calm --- Where is the promised risk management? A wave of correction and everything is ruined --- That’s why I only do spot trading, contracts are too sharp-tongued --- Watching others get liquidated is really satisfying, but thinking of my own positions... forget it, don’t think about it --- The market turn is really fast to the point of being ridiculous, it can change fate in the blink of an eye --- Someone else got burned badly on Hyperliquid again, when will they learn to control leverage --- The liquidation wave is coming, everyone, stop-loss when needed, don’t gamble with a gambler’s mentality

View OriginalReply0

Trending TopicsView More
#2025GateYearEndSummary
75.05K Popularity
#CryptoMarketMildlyRebounds
32.49K Popularity
#GateChristmasVibes
15.56K Popularity
#SantaRallyBegins
4.97K Popularity
#CreatorETFs
3.29K Popularity

Hot Gate FunView More

1
CROSSCross
MC:$3.5KHolders:1
0.00%
2
SLMiSolmiau
MC:$3.49KHolders:1
0.00%
3
rowrow
MC:$3.5KHolders:1
0.00%
4
SIBSanta's Inevitable Bag
MC:$3.53KHolders:1
0.21%
5
VPNVirtual Private Network
MC:$5.47KHolders:44
9.27%

Sitemap