The crypto market has experienced significant fluctuations in the past 24 hours. According to on-chain data statistics, the total liquidation scale across the network reached $203 million, with short positions under greater pressure—liquidation amount for short orders was $141 million, far exceeding the long orders' $62.33 million.



Among mainstream cryptocurrencies, BTC has performed particularly poorly, with a total liquidation amount reaching 63.9975 million USD, and short positions being liquidated at 52.3823 million USD; ETH follows closely behind, with a liquidation scale of 56.9911 million USD, of which short orders account for over 70%. In terms of participation, over 100,000 traders were forcibly liquidated in the past day.

It is worth mentioning that the largest single liquidation event occurred in the BTC-USD trading pair of Hyperliquid, with a liquidation size of $3.2591 million, becoming the most eye-catching extreme case in the market, reflecting the high-risk characteristics of leveraged trading.
BTC-0.59%
ETH-0.54%
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Blockwatcher9000vip
· 12-22 17:38
Short positions have been slaughtered again, how greedy must one be to hold until liquidation?
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governance_ghostvip
· 12-22 17:29
Short positions have been wiped out again, this data is painful to look at. --- 100,000 positions closed? Luckily I didn't play with leverage, or I would have been cannon fodder by now. --- 3.25 million liquidation order... what was this guy thinking, really playing with his life. --- Every time I say the risk is high, there are still people non-stop sending money, this mentality is incredible. --- BTC's recent move is heart-wrenching, short positions have been hammered repeatedly, market sentiment is too unstable. --- Forget it, let's just accumulate coins honestly, leverage is really not meant for humans to play with. --- 100,000 people got liquidated... how many people must be in debt overnight? --- That order on Hyperliquid went viral, one wrong decision cost over 3 million, it's too extreme.
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