The market has been quite volatile in the past hour. According to on-chain data, the total liquidation amount across the network has reached $31,992,500, indicating that many traders are using leverage positions.
Interestingly, the distribution of long and short liquidations is not very even—short positions liquidated for $20,130,000, and long positions for $11,850,000. It seems that those who were shorting took a bit of a hit in this wave of market movement.
Specifically, for mainstream coins, BTC liquidations amounted to $10,490,000, and ETH liquidations reached $10,910,000. The ETH liquidation amount is actually higher, indicating that Ethereum contracts experienced more volatility. In such market conditions, positions without proper risk management are indeed more likely to be wiped out.
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GmGnSleeper
· 21h ago
The short position was wiped out again; this market move is really fierce.
Short-term traders are about to pay their tuition again. ETH's volatility is just too high to hold.
Brothers who are shorting are really losing money this time. Why go against the trend?
$32 million liquidation—my goodness, leverage is truly a double-edged sword.
ETH's surge is even greater than BTC's? It seems Ethereum is indeed very volatile.
Those who didn't set proper stop-losses have all been swept out. So unfortunate.
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NFT_Therapy
· 01-10 22:13
The short position was completely wiped out. This is the fate of short selling.
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OnchainGossiper
· 01-10 00:55
The short positions were wiped out again, this time ETH was even more brutal than BTC. Contract scams are real.
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ChainWatcher
· 01-10 00:54
So many short positions are liquidated, the guys shorting must be crying
ETH is so volatile, how can anyone still go all-in
Another hour without stop-loss, making money is really hard
Liquidation of 32 million, it hurts to watch, who is playing like this
The shorts were collectively taught a lesson, serves them right
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MercilessHalal
· 01-10 00:50
Short positions get hammered again, this is the beauty of the market.
Did ETH liquidation surpass BTC? Contract leverage enthusiasts are paying their tuition again.
This wave of liquidation exceeded 30 million, did someone really go all-in?
Short sellers lost over 20 million in an hour, hilarious.
Those without stop-losses are dead, this is what market education is all about.
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ZkSnarker
· 01-10 00:43
honestly the short sellers got absolutely rekt this round, 63% of liquidations? imagine thinking you're clever betting against momentum lol. eth bleeding out more than btc is actually the fun part tho—volatility asymmetry strikes again. well technically speaking, when leverage meets market conviction like this, risk management isn't optional anymore it's just... survival
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PonziWhisperer
· 01-10 00:26
The short position was wiped out again. Is ETH's destructive power this strong this time?
The market has been quite volatile in the past hour. According to on-chain data, the total liquidation amount across the network has reached $31,992,500, indicating that many traders are using leverage positions.
Interestingly, the distribution of long and short liquidations is not very even—short positions liquidated for $20,130,000, and long positions for $11,850,000. It seems that those who were shorting took a bit of a hit in this wave of market movement.
Specifically, for mainstream coins, BTC liquidations amounted to $10,490,000, and ETH liquidations reached $10,910,000. The ETH liquidation amount is actually higher, indicating that Ethereum contracts experienced more volatility. In such market conditions, positions without proper risk management are indeed more likely to be wiped out.