Yesterday's market was quite intense. According to on-chain data tracking, the total liquidations across the entire network in the past 24 hours reached $105 million — and that number sounds pretty frightening.
Long positions were hit even harder, with $80.83 million in longs liquidated compared to $23.78 million in shorts, a clear gap. Specifically, on Bitcoin, longs were liquidated for $14.7 million, while shorts only saw $1.82 million, indicating that long traders lost more; Ethereum followed a similar pattern, with longs liquidated for $10.29 million and shorts for $1.06 million.
Even more astonishing, within just 24 hours, 60,486 trading accounts were liquidated. The most severe case occurred on Hyperliquid's BTC-USD contract, where a single position was wiped out for $2.5192 million.
Looking at these numbers, market volatility is definitely testing every trader's psychological resilience.
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Yesterday's market was quite intense. According to on-chain data tracking, the total liquidations across the entire network in the past 24 hours reached $105 million — and that number sounds pretty frightening.
Long positions were hit even harder, with $80.83 million in longs liquidated compared to $23.78 million in shorts, a clear gap. Specifically, on Bitcoin, longs were liquidated for $14.7 million, while shorts only saw $1.82 million, indicating that long traders lost more; Ethereum followed a similar pattern, with longs liquidated for $10.29 million and shorts for $1.06 million.
Even more astonishing, within just 24 hours, 60,486 trading accounts were liquidated. The most severe case occurred on Hyperliquid's BTC-USD contract, where a single position was wiped out for $2.5192 million.
Looking at these numbers, market volatility is definitely testing every trader's psychological resilience.