77.77 million USD liquidated across the entire network in the past 24 hours, over 70,000 traders affected

robot
Abstract generation in progress

【BiTu】Yesterday, the market experienced quite a lot of volatility. According to on-chain data, the total liquidation amount across the entire network in the past 24 hours reached $77,773,700, with long positions liquidated at $31,787,800 and short positions at $45,985,900.

Looking at mainstream coins, Bitcoin saw long liquidations of $1,836,000 and short liquidations of $3,272,700. Ethereum’s situation was even more intense — long liquidations of $1,026,800 and short liquidations of $6,894,500, indicating that short sellers took a significant hit.

Data also shows that 73,296 traders were liquidated in this 24-hour period. The largest single liquidation occurred on the Hyperliquid platform for the xyz:AMZN-USD contract, where one order was liquidated for $1,305,500.

What does this data tell us? First, market volatility is indeed increasing. Second, leverage traders need to pay more attention to risk management. Whether going long or short, position management and stop-loss settings are really important.

BTC-0,14%
ETH0,78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
HodlOrRegretvip
· 7h ago
It's the same story again, the bears got taught a lesson haha --- 77.77 million liquidation, it's clear who profits and who loses this round --- Over 130,000 lost in a single trade, this guy is pretty bold --- 73,296 people went bankrupt, I have to ask, who still dares to leverage --- Is Ethereum's short position so miserable? Looks like the longs are winning again --- Just want to ask, what was going through the mind of the one who got liquidated for 130,000? That’s some guts --- Basically, leverage is a poison; whoever greedily uses it will die --- Hyperliquid is just a platform full of liquidation stories --- Bears lost nearly 50 million, and the bulls aren’t doing much better, all are just retail investors --- Every time I see these numbers, I feel lucky I don’t trade with leverage
View OriginalReply0
DAOTruantvip
· 7h ago
It's another day of shorts getting taught a lesson, with over 70,000 people sacrificed... Leverage is truly poison; it pains me to watch. Over 1.3 million directly evaporated, Hyperliquid's cut this time was ruthless. Friends who got liquidated, condolences. Remember to cut losses next time. Brothers shorting Ethereum, you lost big this time. 77.77 million... this number feels a bit ominous. In fact, it's just the death list for leverage traders during high volatility periods.
View OriginalReply0
BankruptWorkervip
· 7h ago
Yesterday's market surge directly wiped out over 70,000 people, and I almost got caught too. The bears were really crushed this time; ETH's decline was outrageous. Seeing that single liquidation of over 130,000, it feels like someone just cleared their position. Leverage is basically gambling with your life; it's too crazy. Once again, Hyperliquid has caused a major event; this platform is really good at creating chaos. 73,296 people—so many people out in just one day. My account name really fits perfectly.
View OriginalReply0
YieldHuntervip
· 7h ago
honestly if you're still doing 100x leverage on hyperliquid in this market, you're basically asking to get liquidated lmao
Reply0
Anon32942vip
· 7h ago
The shorts got cut again. This round, the bulls are probably the ones who got unlucky.
View OriginalReply0
JustHereForAirdropsvip
· 7h ago
The shorts got rekt again. This time, $7.89 million in Ethereum liquidations, I can't stop laughing.
View OriginalReply0
GweiTooHighvip
· 7h ago
Damn, 77.77 million just disappeared like that. Someone lost over 1.3 million directly. Is this the joy of leverage?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)