Market bloodbath alert: Nearly 238K traders got wrecked in just one day.
The damage? A staggering $781.95 million wiped out. Long positions took the biggest hit—$722.16M gone. Shorts? Only $59.8M liquidated.
That lopsided ratio tells you everything. Overleveraged bulls got absolutely demolished. When this many accounts blow up simultaneously, it's not just bad luck—it's a cascading liquidation event.
Leverage cuts both ways, and today it cut deep.
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GweiObserver
· 10h ago
Another leveraged explosion, it seems that some people still haven't learned their lesson.
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Blockwatcher9000
· 10h ago
The leveraged players have been played for suckers again, and this time it was particularly brutal.
Two months ago, they were still boasting about wanting to use ten times leverage, and today they've become the cannon fodder for getting liquidated.
The ones losing money are probably those newbies who don't even know what risk management is.
The bulls really got hammered this time; it feels like it's going to continue to fall.
700 million is gone; if it were me, I would have exited the market long ago.
This kind of large-scale liquidation just can't be stopped; the chain reaction is unstoppable by anyone.
I advise everyone, leverage is just negotiating with your own Wallet.
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BearMarketSurvivor
· 10h ago
It's the old routine of leverage liquidation again, looking at these numbers is just painful...
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Wow, over 7.2 billion dollars gone? This massacre is too brutal.
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Long positions need to reflect on this, playing like this will eventually get you cleared out.
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Why do some people insist on using full position leverage...
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It's ridiculous, over 230,000 people cleared out in one day, the crypto world is just this crazy.
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I said it, this market is just a casino, nothing more.
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Looking at this ratio, you can tell what's going on, all greedy long positions getting chopped down.
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Once a chain liquidation starts, it won't stop, that's very normal.
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With the imbalance between longs and shorts to this extent, it's a wake-up call for everyone.
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Leverage is something, returns and risks are truly twin brothers.
Market bloodbath alert: Nearly 238K traders got wrecked in just one day.
The damage? A staggering $781.95 million wiped out. Long positions took the biggest hit—$722.16M gone. Shorts? Only $59.8M liquidated.
That lopsided ratio tells you everything. Overleveraged bulls got absolutely demolished. When this many accounts blow up simultaneously, it's not just bad luck—it's a cascading liquidation event.
Leverage cuts both ways, and today it cut deep.