According to on-chain data tracking, the margin liquidation situation in the crypto market over the past 24 hours is not to be underestimated. The total liquidation amount across the entire network has reached $84,225,200, with long positions accounting for a high proportion at $50,949,000, while short positions liquidation stands at $33,276,200.
Looking at mainstream cryptocurrencies, the situation varies. For BTC, the total liquidation amount is $3,467,000, which is relatively controllable. However, ETH faces greater pressure, with liquidation amounts reaching $9,446,400 within 24 hours, nearly three times that of BTC.
Long position liquidations account for over 60%, indicating that market bullish investors are under significant pressure. In this scenario, short-term volatility may continue, and traders need to manage their risk exposure more cautiously.
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RektCoaster
· 5h ago
Emma, another day of longs being pressed to the ground and rubbed in the dirt.
ETH liquidation of 9.44 million, do you want to make me laugh to death?
Leverage heroes, it's time to wake up, really.
Longs are so miserable, isn't it time to buy the dip?
Where's the promised rebound? Instead, we're getting liquidated again.
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GasFeeCrier
· 5h ago
Another big liquidation has started, longs are getting slapped again. Is it ETH's turn to suffer this time?
Brothers following the trend and going long are really having a tough time this round.
Over 50 million in longs liquidated, just looking at this number makes me cringe.
BTC is doing okay, but ETH is directly three times as much? I really can't hold on anymore.
Leverage is indeed a good thing, especially during liquidations.
Dealing with risk management and bottom fishing at the same time, I choose to sleep.
This market movement is indeed a bit dirty, with longs collectively taking a hit.
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ProxyCollector
· 5h ago
Here comes the liquidation drama again, ETH is really aggressive this time
Another bunch of trolls being cleared out, what are the longs still holding on for
Over 80 million in liquidation, this number is a bit scary
BTC remains relatively stable, why is ETH so weak
More than 60% longs liquidated, a true slaughter of the longs
Looking at these numbers, I always feel a bit uneasy
Short-term volatility continues, it's time to reduce leverage
This market really is teaching us how to behave
The longs are once again pressed to the ground and rubbed
With such a large liquidation amount, risk management really needs to be taken seriously
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SandwichTrader
· 6h ago
Another day of long positions being slaughtered, ETH liquidations are almost reaching ten million.
According to on-chain data tracking, the margin liquidation situation in the crypto market over the past 24 hours is not to be underestimated. The total liquidation amount across the entire network has reached $84,225,200, with long positions accounting for a high proportion at $50,949,000, while short positions liquidation stands at $33,276,200.
Looking at mainstream cryptocurrencies, the situation varies. For BTC, the total liquidation amount is $3,467,000, which is relatively controllable. However, ETH faces greater pressure, with liquidation amounts reaching $9,446,400 within 24 hours, nearly three times that of BTC.
Long position liquidations account for over 60%, indicating that market bullish investors are under significant pressure. In this scenario, short-term volatility may continue, and traders need to manage their risk exposure more cautiously.