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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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#大户持仓动态 Last night's dip caused a collective heavy loss for the bulls. $514 million was liquidated in a single night.
Honestly, in this kind of market, those heavily long are basically out of luck. Mainstream coins like $BTC, $ETH, and $SOL were hammered down throughout, and longs couldn't even escape. The downward trend started early in the session, continuing to decline, wiping out those who tried to bottom fish and add positions.
This is the cruel reality of leveraged trading — you might be right about the direction, but if your risk management isn't solid, a sudden drop can wipe you out. Last night's liquidation list was dominated by longs. It’s clear the market is still shaking out positions; shorts made a killing, while longs are still paying off their debts.