2026-01-13 12:22:26

Over the past 24 hours, the market witnessed a sharp wave of liquidations. More than 93,000 traders got wiped out, with total losses hitting $217.20 million. The rapid unwinding of leverage positions has been relentless.

Why this matters: When liquidations accelerate like this, it often reveals how fragile the underlying market structure really is. The mounting pressure from forced sell-offs doesn't just affect individual traders—it can trigger a cascade effect. Positions that looked stable yesterday may buckle under the selling pressure today. The data suggests that many traders were running tighter margins than the market conditions could support, making them vulnerable to even modest price swings.

This kind of activity typically signals that positioning across the market has become increasingly stretched. Whether we see this as a clearing mechanism or a warning sign depends on what happens next.

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MysteriousZhang

· 01-15 14:47

Over 90,000 liquidations, this is the power of leverage... If the margin settings are this tight, a slight move could be disastrous. Brothers, don't be too greedy. The liquidation wave is coming, and now it depends on whether we can hold steady. This wave is fierce. Just yesterday, I was bragging, and today there's no position left. That's how this market is. Over $200 million just disappeared like that. It's a bit crazy... Leverage enthusiasts should reflect on this. It's really not meant for gambling. A chain reaction kicks in and no one can escape. That's the most terrifying part. If this wave of liquidations continues, the entire market might need a complete reshuffle. With such tight margin requirements, one piece of bad news and people get wiped out. I don't understand how some still dare to play like this. The clearing mechanism is still a pump-and-dump scheme. Let's wait and see how things develop next.

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not_your_keys

· 01-13 19:07

93,000 people wiped out, 217 million gone, this is the consequence of leverage --- Another wave of bloodbath, margin is never enough, right? --- Clearance mechanism? Wake up, this is a warning signal, the red light is already flashing --- Yesterday stable, today collapsing, where is the risk control you promised? Laughing to death --- The market structure is fragile, I'm tired of hearing that. Every time it's the same excuse and then playing with fire --- A chain reaction has already begun, who will be next? --- Too tight margin = seeking death, can't some people learn? --- This liquidation wave looks really satisfying, serves those who didn't do their homework right --- Over 200 million gone, is there anyone involved... --- Price fluctuates slightly and crashes? Then you really shouldn't play with leverage

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ImpermanentPhobia

· 01-13 12:46

93,000 people wiped out? Haha, this is the cost of leverage... Luckily, I cut my losses and ran early. It's the same old excuse, fragility... Actually, it's just greed causing the trouble. The margin ratio being tight is really true; I've seen too many people die because of this. Chain reaction? I'm just worried that the next round will be even harsher... Whether it's the clearing mechanism or the warning, small investors are just the ones getting cut.

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MerkleTreeHugger

· 01-13 12:36

93,000 people wiped out? Damn, this wave is too brutal... It's again the leverage's fault. Wait, is the margin this tight? It feels like the market is疯狂试探底线 (crazy testing the bottom line). The clearing mechanism is still a death spiral... We'll see how it unfolds in the next few hours. This is the real risk, not the price itself, but a structural collapse. My circle of friends will be crying about a bunch of new investors again, I'll just watch.

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SmartContractRebel

· 01-13 12:33

93,000 liquidations, this time leverage traders are really playing to the limit... With such tight margins, dare to add more leverage? --- Another wave of liquidations, every time they talk about fragility, but the market still keeps pushing upward... --- $217 million lost, some people's leverage dreams shattered, but this is the market, friends. --- Tight margins and still holding positions? Wake up, everyone. This is not a casino, it's a slaughterhouse. --- Is the clearing mechanism a warning or a signal? Honestly, it depends on who dares to chase the high next. --- Looking at this data, the market structure is indeed trembling... It’s always like this before a major liquidation. --- 93,000 liquidation stories, each behind them is blood and tears... Leverage is really not for humans to play with. --- Is the market filtering out the weak? Still pushing with tight margins, serves them right. --- Is a chain reaction really coming, or is it just another false alarm... --- Such strong selling pressure, the bottom might be further than we think.

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