Bitcoin drops toward $91k—traders face massive liquidation wave. Over $230 million in long positions wiped out as the market swung sharply. The sudden price movement caught leveraged traders off guard, triggering a cascade of forced closures across derivatives exchanges. This kind of volatility is exactly what moves markets and tests conviction.
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TopEscapeArtist
· 01-09 21:15
230,000 got blown up, this is the result of me bottom-fishing at a high level haha
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POAPlectionist
· 01-09 09:20
Leverage traders are cleared out again, playing with fire like this every time.
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DataPickledFish
· 01-07 13:55
Leverage traders got wiped out again, still so addicted
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LiquidationWatcher
· 01-06 21:59
$230m gone just like that... been there, lost that. margin calls r comin for someone rn and honestly? this is exactly why i keep screaming about health factors lol
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GasFeeCrier
· 01-06 21:59
Leverage traders need to learn to cut losses again, it's always like this.
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0xInsomnia
· 01-06 21:59
Leverage traders got cut again, serves them right. This is the true nature of the crypto world.
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SchrodingerProfit
· 01-06 21:59
$230,000 lost, and the leveraged traders got liquidated again.
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OnchainHolmes
· 01-06 21:59
Leverage traders are being taught a lesson again with nighttime sell-offs, with over 200 million directly evaporated. This is what you call paper wealth.
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GasWrangler
· 01-06 21:58
honestly if you actually analyze the mempool data, those liquidations were predictable af. the leverage ratios were just... demonstrably unsustainable. sub-optimal risk management, nothing more
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WhaleShadow
· 01-06 21:49
Here it comes again, this is the kind of show I like to watch.
Bitcoin drops toward $91k—traders face massive liquidation wave. Over $230 million in long positions wiped out as the market swung sharply. The sudden price movement caught leveraged traders off guard, triggering a cascade of forced closures across derivatives exchanges. This kind of volatility is exactly what moves markets and tests conviction.