Just got liquidated again? In 1 hour, $31.89 million vanished into thin air across the entire network, with BTC and ETH leading the decline.

Question

【Crypto World】The market has experienced another wave of intense volatility. According to on-chain data, the total liquidation amount across the network in the past hour is approximately $31.89 million, with short positions being liquidated for $26.56 million, and long positions also not faring well, with $5.33 million liquidated.

Looking closely at the performance of specific cryptocurrencies—BTC has the largest liquidation amount at $14.17 million, followed by ETH with a liquidation scale of $9.71 million. It seems that the volatility of the two main cryptocurrencies is once again testing traders’ psychological resilience.

This recurring data indicates that market liquidity remains tight, and the risks of leveraged trading are continuously being released. Whether chasing shorts or going long, without good risk control strategies, traders can quickly become part of the liquidation statistics.

LuckyBearDrawer · Accepted Answer

Here we go again, this wave of the market is truly incredible, 31.89 million just gone like that.

I laugh when I see the liquidation data; both longs are dying, with BTC and ETH leading the charge.

Leverage, huh? Without risk control, it's playing with fire. Accounts can be wiped out in minutes.

Why did it explode again? Over 30 million in an hour. This market is really crazy.

Anyone who dares to add leverage again is a brave one. I won't do it anymore.

Over 14 million in BTC liquidated in an hour. Does anyone still dare to go full position?

Liquidity crunch means bloodshed and chaos. Stopping to observe is the way to survive.

RugPullProphet · Answer

It's the same old story, all the longs are dead, and I'm just sitting on the sidelines watching the show.

MoonRocketman · Answer

Another layer of the floor has been broken through, BTC's trajectory is deviating too far from the gravity resistance level.

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Liquidity is drying up, RSI has been pushed to the limit, and this correction's angle coefficient seems off.

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14.17 million dollars evaporated within an hour, the market is testing our stop-loss levels.

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Those without Bollinger Bands protection are on the liquidation list; when it's time to short, turn around and go long—serves them right.

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This launch window has completely closed; we have to wait for the next cycle to refuel.

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BTC leading the decline indicates that the main players are suppressing escape velocity, trying to force people to sell.

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Short positions of 26 million were smashed; even the bulls didn't gain much, median traders are bleeding out.

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Leverage liquidations are tied to risk control strategies; if you can't calculate escape velocity, don't get involved.

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Liquidity drying up has become the norm; true institutional traders are waiting for these shakeout moments.

ProofOfNothing · Answer

Here we go again. I knew a bunch of people would go bankrupt when I saw the liquidation.