Yesterday's liquidation wave: Long positions severely hit, $55 million wiped out in 1 hour

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【BlockBeats】Market turbulence is here again. According to on-chain data, in the past hour, the total liquidation volume across the network reached $55.71 million. Among them, long positions were hit the hardest—$55.03 million worth of longs were directly liquidated, while shorts also incurred losses, but only $670,000 were liquidated.

This wave of market movement clearly shows that longs suffered significant losses. After all, over $55 million compared to $670,000—that’s a huge gap. When market sentiment suddenly reverses, leverage traders often react too slowly, and those who haven’t set proper stop-losses are immediately forced out.

For traders, such market volatility tests risk management. Without good risk control, large liquidations can happen in minutes.

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MelonFieldvip
· 12-14 12:13
Here comes again, the bulls have been wiped out again, this time 55 million. Feels like it's always this tragic. Leveraging without stop-loss, no wonder they got liquidated. By the way, was there a big whale dumping the market this time? Everything feels too coordinated. Oh my god, I am one of the 670,000 short sellers, and I survived today. Setting a stop-loss really is a lifesaver. Fellow traders, be more vigilant. This market is testing psychological resilience. My wallet has been pushed to the limit. Another surprisingly eventful afternoon, wallet surprise level +1. 55 million vs. 670,000, this comparison is brutal. Short sellers' mom really loves me. Hurry up and leverage to grab the bargains. Am I trying to get myself killed? Why does it feel like every major fluctuation is when I have to stand guard?
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FadCatchervip
· 12-14 12:13
Once again, a leverage feast, and the bulls are completely harvested. Here we go again, which is why I never chase highs. Just looking at this data makes my scalp tingle. 55 million, someone's account might be wiped out directly. Heart aches for two seconds. Shorts only lost 670,000? That's ridiculous. The bulls are working for the shorts. This is why I say stop-loss is crucial. If set poorly, you're just waiting for liquidation. Another wealth transfer witnessed—some people get liquidated, others make money. I'll just watch. Leverage isn't really my thing anyway. I haven't even reacted to this wave yet, and the liquidation process has started again.
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MevHuntervip
· 12-14 12:08
Here it comes again, the bulls are really being pressed to the ground and rubbed this time. Another margin call explosion, and this time the scale is a bit outrageous. 55 million versus 670,000? The gap is so wide I don't even know what to say. Bulls really should learn how to survive this wave of market movements. Leverage isn't used like this, brothers. Another slaughter, a wave of liquidations comes suddenly. That's why I say shorting is safer; the longs are being beaten and still keep smiling through the pain. Why do retail investors always love to chase highs? How many people got wiped out this time? Stop-loss really can save lives; without it, just wait for a nightmare to unfold.
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SorryRugPulledvip
· 12-14 11:54
Once again, a liquidation happened. This time, the bulls were really dragged up and beaten. --- In 55 million seconds, the bears only lost 670,000. What a gap! --- Leverage freaks will never learn to set stop-losses. Truly incredible. --- What is risk management? Can you eat it? I only know how to go all in. --- Looking at this market, I know someone is about to eat instant noodles, hahaha. --- The way bulls die is too ugly. If it were me, I would have run long ago. --- It's always like this. React one second too late, and you're gone. --- Those who don't set stop-losses are all warriors. Next time, they'll just become martyrs.
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