January 12th's market movement was quite intense. According to data, in the past 24 hours, approximately 60,248 people worldwide have been liquidated in the cryptocurrency market, with a total liquidation amount of about $139 million.
Who suffered the most from this decline? Bitcoin and Ethereum performed the most "eye-catching." BTC liquidation amounts reached as high as $27.69 million, with ETH close behind, at about $21.5 million. The liquidation amounts of these two leading coins account for more than one-third of the total.
Other cryptocurrencies are not doing much better. SOL's liquidation amount reached $12.34 million, indicating that funds in the multi-chain ecosystem have also been affected. From the liquidation structure, this downward move mainly concentrated on these mainstream coins, reflecting a phenomenon of dense large fund positions and leveraged trading.
Market volatility reminds everyone that controlling leverage and managing risk well are always essential.
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SerNgmi
· 01-15 19:09
Over 60,000 people liquidated, this time it's really a bloodbath, everyone playing with leverage has to take the L.
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WagmiOrRekt
· 01-13 07:56
Here it is again, over 600,000 people liquidated, this time it really went crazy.
BTC ETH getting smashed together, how come the whales still can't kick the leveraged gambling habit.
$139 million just gone like that, snap.
Damn, that number hurts to look at, feels like someone's gonna cry again.
Major coins getting liquidated this hard shows that big money is really slaughtering each other.
Serves them right, that's what happens when you play with leverage, where's the risk management?
After this wave another batch is gonna get wiped out, then people keep rushing in to find death.
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GasDevourer
· 01-12 19:50
It's the same old story of leverage liquidation, it hurts just to watch.
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GasFeeNightmare
· 01-12 19:48
Another violent shakeout, this time really taking a heavy hit.
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fren.eth
· 01-12 19:31
Another wave of bloodshed, leverage traders need to learn a lesson.
I'm not saying, opening 10x or 20x leverage is just gambling, sooner or later you'll pay the price.
Over 60,000 liquidation? That number is truly shocking, luckily I didn't go all-in.
Why are BTC and ETH still falling? Who are they washing out?
When watching a good show, the clearest thing is that there are always people who don't learn their lesson and come back next time.
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MetaverseVagrant
· 01-12 19:28
Here we go again, the same story. Over 60,000 people liquidated. Frankly, it's all caused by greed.
Playing with leverage means being prepared for liquidation. If you don't have this basic awareness, you deserve it.
BTC and ETH, the leading coins, couldn't hold up either, showing how fierce this wave really is.
Watching others' liquidation numbers jump, you should think about whether your leverage level can withstand it.
Anyway, I already reduced my leverage long ago. Slow gains and slow drops are always better than wiping out overnight.
January 12th's market movement was quite intense. According to data, in the past 24 hours, approximately 60,248 people worldwide have been liquidated in the cryptocurrency market, with a total liquidation amount of about $139 million.
Who suffered the most from this decline? Bitcoin and Ethereum performed the most "eye-catching." BTC liquidation amounts reached as high as $27.69 million, with ETH close behind, at about $21.5 million. The liquidation amounts of these two leading coins account for more than one-third of the total.
Other cryptocurrencies are not doing much better. SOL's liquidation amount reached $12.34 million, indicating that funds in the multi-chain ecosystem have also been affected. From the liquidation structure, this downward move mainly concentrated on these mainstream coins, reflecting a phenomenon of dense large fund positions and leveraged trading.
Market volatility reminds everyone that controlling leverage and managing risk well are always essential.