Over the past day, the derivatives market saw significant turbulence with 114,421 traders liquidated across various exchanges. The liquidation cascade totaled $246.12 million in notional value. On Hyperliquid, a single BTC position blew up for $2.90 million, marking the largest single liquidation order during this period. Such volatility underscores the risks embedded in leveraged trading and the importance of proper risk management in the current market environment.
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SybilAttackVictim
· 13h ago
Liquidation is happening again, this time 2.9 million is gone. Leverage is really playing with fire.
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ETHReserveBank
· 13h ago
Leverage players are paying their tuition again. That 2.9 million order was a bit painful to watch.
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OnchainSniper
· 13h ago
Leverage players are back to giving away money again; it seems they still haven't learned their lesson.
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DeFiCaffeinator
· 13h ago
Oh no, another wave of liquidations, a 2.9 million BTC order just wiped out. These leverage traders are really... deserved, to be honest.
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HodlKumamon
· 13h ago
Xiong Xiong glanced at this data, and a single liquidation of 2.9M is really a bit tragic, but honestly, this is the price of leverage.
Behind the story of 114,421 lives is actually just four words: risk management.
24 hours, $246 million vanished into thin air. This wave of market movement indeed reminds us to treat our principal with care.
Over the past day, the derivatives market saw significant turbulence with 114,421 traders liquidated across various exchanges. The liquidation cascade totaled $246.12 million in notional value. On Hyperliquid, a single BTC position blew up for $2.90 million, marking the largest single liquidation order during this period. Such volatility underscores the risks embedded in leveraged trading and the importance of proper risk management in the current market environment.