Market volatility continues. According to data, the total liquidations across the entire network in the past 24 hours reached $399 million, with short positions accounting for the majority at $332 million, and long positions totaling $67.095 million.



Specifically for mainstream cryptocurrencies: Bitcoin long positions were liquidated for $18.4876 million, while short positions were even more heavily liquidated at $94.7666 million. Ethereum's situation is similar, with long positions liquidated for $12.7708 million and short positions for $114 million, clearly indicating that bears suffered significant losses in this wave of market movement.

The most alarming figure is that in just the past 24 hours, 113,266 people were liquidated. The largest single liquidation occurred on a derivatives exchange's ETH-USD contract, with an amount of $18.7528 million—this wave of liquidations knocked out many high-leverage short traders.
BTC0,53%
ETH2,12%
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
  • 5
  • Repost
  • Share
Comment
0/400
CryingOldWalletvip
· 6h ago
The short squeeze caught everyone off guard, with a single trade of 18.75 million USD爆... How dare they open such high leverage? High leverage shorts are desperate to survive; it's better to stay low-key. Over 110,000 people were liquidated in a day; this number is a bit frightening. With such heavy losses on short positions, should they turn around and go long? Tsk, looking at the number 113266, it’s a bit uncomfortable. Shorts are hit hard; what should the next wave do? A short position of 1.14 billion USD爆仓—that's the real bankruptcy story. In this kind of market, just surviving is winning. To everyone who was liquidated... pray. Almost 400 million USD爆仓—this day was quite intense.
View OriginalReply0
DAOdreamervip
· 6h ago
The recent short squeeze really resulted in heavy losses, it seems the bulls have turned around. Wait, these numbers look a bit scary, 113k people liquidated in one day? $18.75 million just disappeared, leverage is truly a moment of heaven and hell. Short positions were liquidated for 330 million, it feels like the shorts were collectively taught a lesson. In this market, it's better not to use high leverage, it's too刺激. The nightmare for shorts, the celebration for longs, it's that simple. Over 100,000 people, how many must have gone bankrupt? Another pump-and-dump style market, just play it safe with long-term investments.
View OriginalReply0
FUDwatchervip
· 6h ago
The shorts are really suffering this time, with $18.75 million in liquidation. I'm sweating for them. Over 110,000 people forced to liquidate? That's a scary number. Leverage really can kill. Long positions account for the majority of liquidations. It seems this rebound was fierce, and those who missed out are losing their composure. Bitcoin shorts lost over $90 million, and Ethereum is following the same pattern. The bulls finally have something to be proud of this time. It just dropped again a moment ago. I bet we're about to see another wave of liquidation shows. This data looks really uncomfortable. Who dares to use leverage anymore? It's truly a gamble with life. So many forced liquidations indicate that market liquidity isn't great either. Is this a warning sign? The shorts are here, directly swept away in a wave. This is just the daily life of cryptocurrency, right? $399 million liquidated in one day—how many people must have died...
View OriginalReply0
NFT_Therapyvip
· 6h ago
The short positions were wiped out in this wave, a single liquidation of 18.75 million looks painful. Is the bottom-fishing opportunity here, or will it continue to fluctuate? Over 110,000 people were forced to liquidate in one day, this leverage game is truly intense. Now the shorts should reflect on themselves; losing like this on a reverse position is unbelievable. In a bad market, there are always people bottom-fishing, and always people getting liquidated. It's a nightmare for shorts, while longs are laughing the hardest. Who knows how many people’s principal was wiped out in this wave. So many forced liquidations indicate market volatility is indeed fierce; it's better to be cautious. The shorts suffered the worst, with 332 million directly evaporated. Leverage is truly a double-edged sword; losses come faster than gains.
View OriginalReply0
MEVvictimvip
· 6h ago
The bears are getting slaughtered again, $18.75 million in one shot? How crazy is that leverage? It's another day of forced liquidation, 113k people... If it were me, I would have already run. So many short positions got liquidated, the guys betting on the short side must be crying their eyes out. 3.99 billion gone in a day, this market is truly hopeless. Just saw that ETH transaction, a direct halving rhythm. The bears are bleeding out, while the bulls are just enjoying the feast. Once this data comes out, it’s probably going to stir up another wave. Leverage traders have all become the supply chain for retail investors.
View OriginalReply0
  • 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)