In the past 24 hours, the contract market has been tumultuous. According to Coinglass data, the total liquidation across the entire network has reached $415 million, including $335 million in long positions and $79.291 million in short positions.
Specifically, for mainstream cryptocurrencies: Bitcoin saw $104 million in long liquidations and $23.587 million in short liquidations; Ethereum was even more intense, with $81.8329 million in long liquidations and $16.0827 million in short liquidations. The entire market has been wiped out of both longs and shorts.
The most shocking figure is the number of people—120,572 traders worldwide were liquidated within 24 hours. The largest single liquidation occurred on the Hyperliquid platform for the BTC-USD trading pair, with a massive $2.9993 million liquidated in one go. Such a level of single liquidation demonstrates how volatile the market has been.
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OnchainHolmes
· 01-09 03:52
Over 1.2 million people were liquidated? This market trend really benefits both sides, no one escaped unscathed.
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29.9 million in a single liquidation... What kind of leverage would cause such a big stir? It's a bit outrageous.
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145 million just gone like that. The futures market is just a meat grinder. I still prefer trading spot.
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Looking at these data, longs are being hit the hardest. You really need to learn when to keep your mouth shut.
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The Hyperliquid liquidation was really outrageous, it feels like it was a deliberate gamble.
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Over 120 people liquidated in one day, averaging someone being forced out every second. This market is truly...
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VibesOverCharts
· 01-09 03:45
Over 1.2 million people liquidated... Is this a harvest of faith or leverage?
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A sudden loss of $2.99 million, you must have a huge heart to sleep soundly.
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Bull and bear both benefit, the market is just that straightforward.
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I just want to know whether the brother who lost $2.99 million stopped out or is just sleepwalking.
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Over 400 million in liquidations, this number is a bit frightening.
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That Hyperliquid order went viral, probably going to flood the screens again.
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It's the same routine, the bigger the volatility, the crazier it gets. How come so many people can't hold back?
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Over 1.2 million people are truly desperate, feeling like being pressed to the ground and rubbed by the market.
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BrokenRugs
· 01-09 03:44
Damn, another bloody day like this... 120,000 people got liquidated, I'm asking who else is left
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BridgeTrustFund
· 01-09 03:40
1.2 million liquidations? That scene is truly incredible, both bulls and bears getting wiped out.
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$415 million liquidation volume, this market move is really fierce.
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$2.99 million in a single liquidation? How much leverage do you need to play like that?
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Longs get liquidated, and shorts don't escape either. This is called "balance," haha.
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Another 24-hour bloodbath, it seems you still need to learn to cut losses.
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Ethereum's liquidation this time was even more brutal than Bitcoin's. How can anyone still go all-in?
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The lesson learned by 120,000 people, the experience bought with money is not cheap.
In the past 24 hours, the contract market has been tumultuous. According to Coinglass data, the total liquidation across the entire network has reached $415 million, including $335 million in long positions and $79.291 million in short positions.
Specifically, for mainstream cryptocurrencies: Bitcoin saw $104 million in long liquidations and $23.587 million in short liquidations; Ethereum was even more intense, with $81.8329 million in long liquidations and $16.0827 million in short liquidations. The entire market has been wiped out of both longs and shorts.
The most shocking figure is the number of people—120,572 traders worldwide were liquidated within 24 hours. The largest single liquidation occurred on the Hyperliquid platform for the BTC-USD trading pair, with a massive $2.9993 million liquidated in one go. Such a level of single liquidation demonstrates how volatile the market has been.