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#密码资产动态追踪 The past 24 hours, the cryptocurrency market has experienced intense volatility — the total liquidation across the network reached $252 million, with longs under significant pressure.
The data looks quite shocking: long positions liquidated at $145 million, equivalent to nearly $6 million evaporating every hour on average. In comparison, short liquidations amounted to only $36.82 million, to some extent benefiting from this downward move.
At the specific coin level, Bitcoin and Ethereum became the biggest pressure points. Bitcoin's liquidation amount was about $61.38 million, while Ethereum's was as high as $58.95 million. The liquidation volumes of these two leading coins accounted for over half of the total.
Some traders were stunned when they opened their accounts — their balances suddenly lost a zero. Others complained that this wave of long liquidations completely washed out their positions. This is the reality of the crypto world: one moment you're dreaming of profits, and the next, you could become a victim of liquidation. The flip between unrealized gains and losses often happens in the blink of an eye.