Yesterday's 24-hour market行情 was quite intense. Data shows that the total liquidation amount across the entire network reached $122 million, with long positions being liquidated for $66.37 million, and shorts not doing much better, losing $55.55 million.



The situation with BTC is quite interesting. Long positions were liquidated for $20.03 million, while short positions were liquidated even more, reaching $23.10 million. ETH's situation isn't as good, with longs losing $21.34 million and shorts only losing $6.25 million. Clearly, longs took the bigger hit.

The craziest part is this one — a single BTC-USD contract on a certain platform was liquidated for $7 million, which completely stunned people. Throughout the process, 65,779 traders worldwide were forced to liquidate. This wave of行情 has given many leveraged traders a real taste of the market.
BTC0.88%
ETH0.49%
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BearMarketSurvivorvip
· 3h ago
Another liquidation again? This time 65,779 people are casualties. Is it really just about greed?
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quietly_stakingvip
· 3h ago
$1.22 billion liquidation, another brutal day. --- 7 million in a single order directly exploded, no one can escape this wave. --- 65,779 people forced to liquidate, it's quite extreme... --- BTC shorts made a killing this time, while longs are being taught a lesson again. --- ETH longs are suffering badly, the ratio is ridiculously off. --- How did leverage traders sleep yesterday? --- Seeing that $7 million order, I took a deep breath. --- Another liquidation explosion, this market is really crazy. --- Neither longs nor shorts are having a good time, no one should feel lucky. --- This market is indeed quite hardcore, beginners should never touch leverage.
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potentially_notablevip
· 3h ago
7 million USD liquidation in a single trade? That's playing with fire. But then again, how crazy must the leverage be to do this?
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RetroHodler91vip
· 4h ago
Another massacre market, looking at that single liquidation of 7 million I just want to laugh... No, I want to cry. --- Longs have really been pressed to the ground and rubbed today, especially on ETH, is the gap really that big? --- Over 60,000 people were liquidated, how spectacular is that? Luckily, I didn't use leverage, I'm as conservative as ever. --- BTC shorts have made more money than longs in this wave, the feeling of reverse wealth must be very exciting. --- A liquidation of 7 million can make the news, thank goodness this is the crypto world; in traditional markets, no one would care. --- Looking at this data, I understand now: this is not a market for making money, it's a market where just staying alive is winning.
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LucidSleepwalkervip
· 4h ago
Once again, a liquidation explosion, with 65,779 people forced to liquidate. This number is a bit outrageous.
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GateUser-d0c637f1vip
· 4h ago
yes
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GateUser-d0c637f1vip
· 4h ago
Christmas Bull Run! 🐂
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