Almost 100,000 liquidations! A double whammy for longs and shorts, and the market is back in ‘harvest mode’⚠️
According to reports, the total liquidation across the network in the past 24 hours reached $195 million, with long positions liquidating $103 million and shorts liquidating $91.84 million. The market is once again experiencing a double kill action.
In terms of BTC, long positions were liquidated for $11.9 million and shorts for $26.47 million; for ETH, longs faced $15.27 million in liquidations while shorts saw $11.21 million. 📊
Even more astonishing, within just one day, a total of 96,758 individuals were forcibly liquidated.
This indicates that the current market is extremely volatile, and whether you’re chasing pumps or dumps, the market is definitely schooling some folks. 👀
Meanwhile, the largest single liquidation occurred on the BTCUSDT pair, amounting to a staggering $1.93 million.
From the data, it’s clear that the market is entering a high volatility, high-stakes phase.
Misjudging direction is indeed risky,
but being over-leveraged is equally deadly. ⚖️
Many traders fixate on profits,
but the ones who truly survive are the ones who prioritize risk first.
The market continues to move,
and the reaper never clocks out. 🔥
According to reports, the total liquidation across the network in the past 24 hours reached $195 million, with long positions liquidating $103 million and shorts liquidating $91.84 million. The market is once again experiencing a double kill action.
In terms of BTC, long positions were liquidated for $11.9 million and shorts for $26.47 million; for ETH, longs faced $15.27 million in liquidations while shorts saw $11.21 million. 📊
Even more astonishing, within just one day, a total of 96,758 individuals were forcibly liquidated.
This indicates that the current market is extremely volatile, and whether you’re chasing pumps or dumps, the market is definitely schooling some folks. 👀
Meanwhile, the largest single liquidation occurred on the BTCUSDT pair, amounting to a staggering $1.93 million.
From the data, it’s clear that the market is entering a high volatility, high-stakes phase.
Misjudging direction is indeed risky,
but being over-leveraged is equally deadly. ⚖️
Many traders fixate on profits,
but the ones who truly survive are the ones who prioritize risk first.
The market continues to move,
and the reaper never clocks out. 🔥