Yesterday's market was quite risky. The total liquidation amount across the entire network within 24 hours exceeded $447 million. The bullish traders lost even more, being wiped out by $286 million. The bears also suffered significant losses, losing $161 million.
Looking more closely at each cryptocurrency's situation is even more interesting—Bitcoin saw long positions hit with a heavy punch of $111 million, while shorts were only liquidated for $32.1 million, clearly indicating that the longs got caught in a trap. Ethereum's situation was relatively balanced—longs at $50.57 million and shorts at $46.6 million, totaling nearly $100 million.
The most outrageous case was this order: a certain trader traded BTC-USD on Hyperliquid and was wiped out with $11.2795 million in one go. Nearly 130,000 people shared this pain within 24 hours. With the market so volatile, it's better to proceed cautiously.
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StableGeniusDegen
· 01-09 07:24
Oh my god, another thing like this? The bulls got crushed like dogs, and 111 million is gone.
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GateUser-44a00d6c
· 01-08 03:18
The bulls got wiped out again; this wave is really fierce. 11.27 million is gone directly, I feel for him.
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TokenomicsTherapist
· 01-07 02:54
Another day of tragedy, over 11 million directly lost. That must hurt a lot.
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RugpullTherapist
· 01-07 02:53
Yesterday was truly bloodshed. Those who went long are definitely suicidal traders.
That guy with 11.27 million must have a really big heart, probably leveraged to the max.
This market is like a slaughterhouse; retail investors really have no way out.
Even if you go short, you can't escape; it's all about the leek's fate.
Maybe wait a bit longer before acting; it's too crazy.
I'll just watch from the sidelines, not participating in this chaos.
130,000 people buried with it—how spectacular is that?
Both bulls and bears are crying; only the exchange is laughing.
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SerLiquidated
· 01-07 02:49
Wow, yesterday's crash really crushed the bulls to the ground. The 11.27 million was wiped out directly. How strong must their mentality be?
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MemeTokenGenius
· 01-07 02:47
Yesterday's move was absolutely brutal, the bulls got slaughtered like vegetables.
That guy with 11.27 million liquidated must have had some serious guts to trade like that.
Good thing I didn't chase it, just watching hurts.
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TxFailed
· 01-07 02:45
ngl that 11.27M liquidation on hyperliquid is actually insane... like technically speaking that's what happens when you stack leverage like you're invincible, classic mistake fr. learned this the hard way multiple times—position sizing exists for a reason tbh.
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CryptoSourGrape
· 01-07 02:44
If only I hadn't been so greedy yesterday, watching over $11 million evaporate from someone else's account right before my eyes, my lemon spirit identity is about to be confirmed.
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GasWastingMaximalist
· 01-07 02:31
Once again, the market is like this; the bullish traders are directly wiped out.
Yesterday's market was quite risky. The total liquidation amount across the entire network within 24 hours exceeded $447 million. The bullish traders lost even more, being wiped out by $286 million. The bears also suffered significant losses, losing $161 million.
Looking more closely at each cryptocurrency's situation is even more interesting—Bitcoin saw long positions hit with a heavy punch of $111 million, while shorts were only liquidated for $32.1 million, clearly indicating that the longs got caught in a trap. Ethereum's situation was relatively balanced—longs at $50.57 million and shorts at $46.6 million, totaling nearly $100 million.
The most outrageous case was this order: a certain trader traded BTC-USD on Hyperliquid and was wiped out with $11.2795 million in one go. Nearly 130,000 people shared this pain within 24 hours. With the market so volatile, it's better to proceed cautiously.