The cryptocurrency market has experienced intense volatility in the past 24 hours, with the total liquidation volume reaching $879 million. Among them, long positions faced greater pressure, with liquidations amounting to $824 million, while short liquidations were relatively smaller, approximately $55.0466 million. In terms of cryptocurrencies, Bitcoin and Ethereum are at the forefront, with Bitcoin alone liquidated about $349 million, followed closely by Ethereum at approximately $312 million. Together, they account for nearly 80% of the total liquidation volume. This wave of intense volatility serves as a reminder for traders to manage their position risks more cautiously.
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ShitcoinConnoisseur
· 4h ago
Here we go again, the bulls got crushed again, and over 800 million just disappeared.
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CodeAuditQueen
· 4h ago
Another wave of leverage collapse. BT and ETH together account for 80%, indicating that the problem is not with the market itself, but with the logical loopholes in position management. This is similar to the principle of re-entrancy attacks, where risks are not properly isolated.
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GasFeeNightmare
· 4h ago
Here we go again, have the bulls been cut down another round? Over 800 million just gone, it’s painful to watch.
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BlockTalk
· 4h ago
Here we go again, getting chopped up like leeks
Bitcoin and Eth are still the two biggest bloodsuckers
This round of market action is truly dangerous, margin traders are probably going to cry and call for their moms again
Over 800 million in liquidations? Looks like the market is still as ruthless as ever
Longs are being pressed to the ground and rubbed, this is the normal state of the crypto world
Who to blame? Blame yourself for not managing risk properly
The cryptocurrency market has experienced intense volatility in the past 24 hours, with the total liquidation volume reaching $879 million. Among them, long positions faced greater pressure, with liquidations amounting to $824 million, while short liquidations were relatively smaller, approximately $55.0466 million. In terms of cryptocurrencies, Bitcoin and Ethereum are at the forefront, with Bitcoin alone liquidated about $349 million, followed closely by Ethereum at approximately $312 million. Together, they account for nearly 80% of the total liquidation volume. This wave of intense volatility serves as a reminder for traders to manage their position risks more cautiously.