🔥This wave of liquidations can only be described as a 'disaster.' In the past 24 hours, the amount of liquidation in the market actually exceeded 700 million dollars, and as many as 210,000 people lost their investments in this storm! Particularly chilling is the fact that the largest single liquidation amount reached as high as 508 million dollars! This number is like the sky falling down, and the entire cryptocurrency circle is shaken by it.
Let's imagine that there was originally a bit of surplus in the account, and you were still thinking about adding some leverage to take a gamble. However, when the market pulls back, in just a few minutes, all your assets can turn into bubbles. The feeling of instant liquidation really makes your heart race, the screen blurs, and the balance suddenly drops to zero — as if all your efforts and dreams have collapsed in an instant. Have you ever imagined such a situation? Perhaps you just enjoyed a wave of profits, but suddenly you are back to square one, or even completely in the red.
Especially for those who had already made some profits and initially wanted to increase their positions to earn more, it truly is a case of 'excitement does not last long, pain comes quickly.' Initially enjoying the mindset of 'profits come with rises,' thinking of making another move when the market is good, only to have all illusions shattered in the moment of liquidation. The feeling of helplessness watching the account balance plummet is indescribable.
Then, the worst part is not the account losses, but the deep doubts and regrets in the investor's mind. 'Why was I so impulsive?', 'Why didn't I set a stop-loss in advance?', 'Why didn't I strictly control the risk?' These questions pierce the heart like knives, leaving them unable to let go. The most terrifying part is that many people invested all their capital or even life savings, and that feeling of fear for the future and self-reproach nearly drives one to collapse.
Behind this liquidation is the duality of high leverage in the cryptocurrency world: behind high returns lies extremely high risk. Every moment of impulse and greed may ultimately lead to consequences you can never bear. Especially in recent days, the market's volatility has caught many off guard—when prices rise, many blindly chase the gains, and when prices drop, they fear missing out on opportunities, resulting in falling into the trap of leverage.
Why is this liquidation so severe? A large part of the reason is the intense volatility in the market, especially the price fluctuations of Bitcoin and other mainstream cryptocurrencies have heightened the risks of leveraged trading. Many investors frantically increased their leverage during the upward trend, and once the price suddenly reversed, liquidation quietly arrived. Under the instability of the entire market sentiment, investors began to chase hot cryptocurrencies, leading to an instantaneous collapse of what seemed to be a stable market. Faced with the sudden market pullback, many people's mental state collapsed, and some even continued to increase their positions in an attempt to recover losses, which only deepened the risks.
This liquidation event is a profound warning to every investor. No matter how volatile the market is, one must not forget risk control. Especially when using leverage, one must be particularly cautious and not let momentary greed influence your judgment. Remember: controlling risk, adhering to rules, and maintaining calmness are the most basic principles for survival in the cryptocurrency world.
Today, seeing these liquidation cases, we must not only reflect on the market's volatility but also on our own operational strategies and mindset. I hope every friend in the cryptocurrency world can learn from this, calmly face every battle in the future, not be misled by short-term fluctuations, and always maintain a rational mind.
This liquidation serves as a constant alarm.
