Recently, the liquidation data in the crypto market has been quite interesting. Let's take a closer look:



In the past 24 hours, the total liquidation amount across the entire sector reached $260 million, with over 60% of that coming from long positions, totaling approximately $158 million. In terms of cryptocurrencies, BTC liquidations amounted to $64.12 million, and ETH was not much better, with $53.05 million liquidated.

This round of liquidations involved over 100,000 people. A major exchange's single ETH-USDT liquidation even reached $3.028 million, directly surpassing the wealth of a middle-class individual.

Why is this happening? Simply put, recent crypto market volatility has been extremely fierce. Many bullish investors are overly optimistic about the market, and the leverage effect in the derivatives market has amplified losses. As a result, a large number of stop-loss orders flooded in all at once, triggering a chain reaction of liquidations. From this data, we can see how fragile current market sentiment is—investors' risk tolerance has really hit the ceiling.

What do you think? How will this wave of liquidations affect the short-term trend?
BTC0,05%
ETH-0,38%
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CommunityJanitorvip
· 8h ago
This order of 3.02 million dollars is truly incredible, instantly crushing middle-class families, no smiles to be seen... --- It's the leverage again, always the same. Greed brings temporary pleasure but ends in disaster. --- Long positions slaughtered, chain reactions settled, the bears are probably going to eat next. --- Hundreds of thousands of people, once this data comes out, market confidence will be completely shattered, worrying. --- Honestly, the 260 million figure looks quite scary, but compared to last month's volume, it's not a big deal. --- Fragile market sentiment? Rather than fragile, it's more like investors are collectively gambling everything, leverage kills. --- We've talked about the volatility for a long time, but ultimately, risk control depends on ourselves. Blaming the market is useless. --- The guy who was wiped out with 3.02 million must have incredible mental strength to keep active on the forum, respect. --- After this cleanup, it probably will drop again. The bear frenzy is coming, everyone. --- Leverage is poison. Why do some people still fly into the fire like moths?
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PuzzledScholarvip
· 8h ago
3,020,000 could blow up in one shot, this is definitely gambling, I really can't take it anymore.
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SignatureDeniedvip
· 8h ago
3.02 million liquidation in a single order? Friend, I really can't understand these odds. --- 100,000 people liquidated together, how optimistic do you have to be to do that? --- Leverage is just poison; you only realize it when the ground is full of corpses. --- 60% of long positions liquidated, meaning everyone wants to make money but no one can—classic reverse indicator. --- Big volatility is one thing, but adding leverage? No wonder you're being wiped out instantly. --- Another round of shakeout? Looks to me like someone is deliberately smashing the market. --- If 100,000 people get liquidated and it doesn't rebound in a few hours, I’ll believe the market is truly cooling down. --- Thinking you're a master but actually just waiting to be harvested as a leek—nothing special. --- Once this data comes out, a short-term rebound is likely. What are you afraid of? --- Market sentiment is fragile? That's BS. Just keep pushing tomorrow, and it'll be fine.
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DuskSurfervip
· 8h ago
$3.02 million liquidation in a single order, how much can you gamble, I’m impressed --- Leverage is truly a magnifier; when you make money, it’s great, but when you lose, it’s a complete wipeout, 100,000 people caught in the crossfire --- The bulls are going crazy. Now I understand what fragile market sentiment means, and it’s going to fall further --- With this kind of data coming out, retail investors should wake up. Not all market conditions are worth chasing --- This chain of liquidation combos makes a short-term rebound difficult. Stay bearish, everyone --- $260 million in one day, unbelievable. I choose to stay on the sidelines for now, don’t get involved in the muddy waters
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