The market is once again experiencing a surge of volatility. Data from December 29th shows that the total liquidation volume in the global derivatives market over the past day reached $268 million. This wave of market movement didn't favor either longs or shorts—longs were liquidated for $147 million, and shorts for $122 million, creating a true double wipeout scene.
Looking at the performance of mainstream coins makes it even more intuitive. BTC's liquidation amount reached $94.4676 million, followed closely by ETH with $61.5615 million. These two giants contributed the majority of the total liquidation, highlighting how intense the market fluctuations are.
The risks of leveraged trading are once again vividly displayed. In such market volatility, whether you're long or short, improper position management will cost you—it's a matter of making aggressive decisions. That's also why seasoned traders often say that trading derivatives is more about mindset and risk awareness.
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NotSatoshi
· 11h ago
It's the same old story, long and short positions trapping each other, the seasoned traders will have to pay their tuition again.
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AirdropworkerZhang
· 13h ago
Once again, I got liquidated. Oh my God, this double kill was truly incredible.
Futures trading is really a meat grinder; if you're not careful, your position can be wiped out instantly.
Seeing others get liquidated makes me feel sorry for them. That's why I'm only trading spot now.
Leverage is really not for humans; losing your mind is even more painful than losing money.
Everyone can't avoid the double kill market; I guess surviving is the real winner.
Futures can make money quickly, but losses come even faster. Someone has to pay the tuition again this time.
With such wild volatility, I prefer to watch the show without opening positions, and wait until things calm down.
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SeeYouInFourYears
· 18h ago
Double kill situation, it hurts just to watch. This is the true face of the contract.
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MEVvictim
· 18h ago
In a double kill situation, I lost on both sides—that's the charm of contracts.
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AirdropFreedom
· 18h ago
Double kill market conditions are played like this, otherwise how can you prove you're alive?
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RugPullSurvivor
· 18h ago
It's another double kill. I'm worried whether any of my friends' accounts are on the liquidation list this time.
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SerumDegen
· 18h ago
268m in liquidations and somehow both bulls and bears got absolutely demolished... that's the cascade effect nobody talks about until it's too late lmao. btc doing 94m in rekt volume alone tells you the leverage was absolutely unhinged
The market is once again experiencing a surge of volatility. Data from December 29th shows that the total liquidation volume in the global derivatives market over the past day reached $268 million. This wave of market movement didn't favor either longs or shorts—longs were liquidated for $147 million, and shorts for $122 million, creating a true double wipeout scene.
Looking at the performance of mainstream coins makes it even more intuitive. BTC's liquidation amount reached $94.4676 million, followed closely by ETH with $61.5615 million. These two giants contributed the majority of the total liquidation, highlighting how intense the market fluctuations are.
The risks of leveraged trading are once again vividly displayed. In such market volatility, whether you're long or short, improper position management will cost you—it's a matter of making aggressive decisions. That's also why seasoned traders often say that trading derivatives is more about mindset and risk awareness.