2025-12-26 22:23:57

Just days after that, the crypto market experienced what many are calling one of the most brutal liquidation cascades on record. A staggering $20 billion in leveraged positions got wiped out within a single trading session. The sheer scale of forced liquidations had an immediate impact—it yanked excessive leverage right out of the system, creating a ripple effect across exchanges and funding rates.

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NullWhisperer

· 12-26 22:53

$20b liquidation cascade in a day? honestly that's just the system's way of auditing itself. brutal but... theoretically necessary to flush out the leverage rot

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SatoshiNotNakamoto

· 12-26 22:49

2 billion directly wiped out, this is the consequence of leverage.

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ProposalManiac

· 12-26 22:47

2 billion USD disappears overnight, sounds great, but the real issue is—this risk mechanism design itself has flaws. Why wait until a bloodbath to deleverage?

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LiquidityNinja

· 12-26 22:39

20 billion USD evaporated in one day, this is the consequence of playing with leverage.

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