In the past day, the crypto market has once again staged a bloodbath.



According to on-chain data, the total liquidation amount across the network in 24 hours exceeded $512 million. In this wave of liquidation, long positions bore the brunt — longs lost $377 million, shorts lost $135 million. The gap is staggering.

Specifically, for each coin:

Long positions in BTC were liquidated for $137 million, with shorts losing $38 million. For ETH, longs were wiped out by $115 million, and shorts lost $56.98 million.

Even more brutal, over 150,000 accounts went directly to zero in these 24 hours. Among them, a single BTC-USD order evaporated $23.185 million in one go, making it the most devastating in this round.

Nightmare for high-leverage traders, instantly realized. When market volatility hits, risks explode instantly, and market sentiment remains under pressure. How many people paid their tuition fees in this round of wipeout?
BTC-2.21%
ETH-4.08%
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