$260 million liquidation in the past 24 hours! Millions swept out, Ethereum becomes the hardest hit area

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【BitPush】The cryptocurrency market has experienced intense volatility in the past 24 hours. According to market data, the total liquidation amount across the entire network reached $260 million, with longs liquidated at $153 million and shorts at $107 million.

By coin type, Bitcoin longs were liquidated at $20.48 million, and shorts at $41.23 million; Ethereum longs at $72.73 million, and shorts at $31.70 million. Data shows that Ethereum has become the hardest-hit area in this round of liquidations.

Even more shocking, within these 24 hours, a total of 102,546 people worldwide faced liquidation, with the average single liquidation amount being substantial. The largest single liquidation occurred on a derivatives trading platform’s ETH-USD contract, with a liquidation amount of $6.9124 million. This market movement not only tests traders’ risk management capabilities but also serves as a reminder that leverage trading must be approached with caution.

ETH-0.23%
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DecentralizeMevip
· 12-20 01:29
Ethereum has been cut again, it's really outrageous... Over 100,000 people liquidated, this is the consequence of leverage.
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CryptoSourGrapevip
· 12-19 15:42
If I hadn't stayed up watching the market yesterday, it would have been $6.91 million. That must be such a great feeling.
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NeonCollectorvip
· 12-19 15:28
Another wave of rug pulls happening live, over 100,000 people liquidated, I can't help but laugh.
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MetaLord420vip
· 12-18 00:22
Damn... ETH got hit again, over 100,000 people liquidated. How crazy is that number?
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just_another_walletvip
· 12-17 02:08
Ethereum this wave is really incredible, over 100,000 people were directly swept out. I just want to know how that guy placed the order of 6.91 million.
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ChainMemeDealervip
· 12-17 02:08
Over 100,000 people liquidated. This wave of market movement is truly intense. Why is ETH doing so badly?
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BoredWatchervip
· 12-17 02:07
Once again, liquidation happened. Ethereum is truly suffering this time, with longs wiped out by over 70 million. Over 100,000 people were swept out, and this number is truly shocking. Fortunately, I didn't use leverage. I'll just watch the show quietly and enjoy the spectacle.
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SmartContractDivervip
· 12-17 02:04
Here we go again, over 100,000 people are dining with Lao Renyi today. This round of Ethereum's leek harvesting is pretty brutal. Playing with leverage is really like dancing on the edge of a knife; one misstep and you'll be on the liquidation list. That order of 6.91 million probably led to social death directly. I'm okay, avoided it with a small position, grateful that I didn't get too greedy. This is called risk management; many people pay tuition fees but still haven't learned the lesson.
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RebaseVictimvip
· 12-17 01:54
Whoa, over 1,020,000 people liquidated? That must be so tragic. I'm just glad I closed out my leverage early.
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OnchainHolmesvip
· 12-17 01:44
Ethereum has once again become a slaughterhouse, with over 100,000 people wiped out in a single day. This is the cost of leverage.
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