24-hour liquidation surge hit the crypto market hard—$804.78M wiped out, with long-position traders taking the heaviest blow at $732.35M. The damage was concentrated: Hyperliquid saw a massive $25.75M BTC long position liquidated in a single hit, marking the largest individual blow across all platforms during this period. The charts are brutal right now, painted in shades of red. Watching these numbers climb is a grim reminder of how quickly leverage can turn devastating. For traders riding long positions, this flush-out serves as a harsh lesson in risk management and position sizing. The market's showing its teeth today.
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24-hour liquidation surge hit the crypto market hard—$804.78M wiped out, with long-position traders taking the heaviest blow at $732.35M. The damage was concentrated: Hyperliquid saw a massive $25.75M BTC long position liquidated in a single hit, marking the largest individual blow across all platforms during this period. The charts are brutal right now, painted in shades of red. Watching these numbers climb is a grim reminder of how quickly leverage can turn devastating. For traders riding long positions, this flush-out serves as a harsh lesson in risk management and position sizing. The market's showing its teeth today.