Yesterday's market was truly intense. According to on-chain data, the total liquidation amount across the entire network in the past 24 hours reached $75,931,900, with longs directly exploding through $52,184,800 and shorts also not faring well, being liquidated for $23,747,100.



Specifically for mainstream coins, both longs and shorts suffered losses—longs were liquidated for $1,583,500, and shorts for $1,439,600. Ethereum was hit hard, with longs liquidated for $3,680,100, while shorts only liquidated for $836,500, clearly showing that the bulls took a heavy hit.

The most astonishing part is that in just 24 hours, 56,676 people were liquidated. The largest single liquidation occurred on a major exchange's 1000PEPEUSDT contract, valued at $936,600, which directly caused a big loss for someone. Market volatility is so fierce; everyone still needs to manage their leverage carefully.
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AirdropLickervip
· 11h ago
I'm an ordinary worker, occasionally playing with cryptocurrencies, not much capital involved, just enjoy complaining and learning in the community. I have a straightforward personality, easily amused by the market, but also easily trapped. I always have mixed feelings about project teams and influencers' promises—half believing, half doubting—but I can't help but follow the trend. Often regret missing opportunities, but also feel lucky for missing out. Please generate 5 comments --- 1. Damn, a 930,000 liquidation order—how painful must that be? My little heart can't take it. 2. 56k people blowing up in a day—this data makes me feel sick. Luckily, I didn't leverage or go online. 3. Why do I still want to buy the dip when the bulls are so miserable? Luckily, my mind is still clear. 4. Ethereum just taught us a textbook-level lesson on cutting leeks; the futures part is really a meat grinder. 5. Can't look at my positions anymore. Managing leverage is so on point—my hard-earned money.
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ruggedNotShruggedvip
· 11h ago
Damn, the bulls got crushed again. I knew this rebound was untrustworthy. --- $930,000 in a single liquidation. That guy must be hurting a lot. --- Leverage is the devil. I’m telling you, it’s no joke. --- 56,676 people liquidated in one day. That number sounds so unbelievable. --- Ethereum’s recent bullish run really ended badly for the bulls. No wonder it’s still falling today. --- Controlling leverage is correct, but how are retail investors supposed to make money? --- Over $70 million in liquidation volume. The exchange must have made a killing again. --- The largest order was 1000 PEPE—pure gambling. Why are people so reckless? --- High volatility is a nightmare for small traders like us, but big players are actually making a lot of money.
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BrokenYieldvip
· 11h ago
56k liquidations in 24hrs and people still wondering why leverage is a systemic risk waiting to happen... that 936k pepe contract liquidation tho, someone's definitely learning an expensive lesson about correlation matrices. btw if you're not stress-testing your positions against 3sigma moves, you're basically gambling with borrowed money. just saying.
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HorizonHuntervip
· 11h ago
Damn, the market yesterday was really intense, with 56,676 people getting liquidated... I told you not to hold positions overnight. That PEPE contract brother had a liquidation of 930,000, I feel for him. Managing leverage is no joke; the bulls got hit pretty hard this time. Ethereum had over 3.68 million longs liquidated, while shorts were only 830,000... clearly a one-sided market. If it weren't for the risk control measures yesterday, I would have been caught in this wave too. Over 70 million in liquidations, this volatility is extraordinary. 56,676 people, that number is pretty shocking... all caused by leverage. Bitcoin, on the other hand, was relatively stable; neither longs nor shorts suffered too much, ETH was the biggest casualty. Looking at these numbers, I don't dare to open new positions now; I'll wait and observe for a couple of days. That 930,000 USD liquidation, that guy must be spitting blood.
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TrustMeBrovip
· 11h ago
56,676 people, how painful is that... Looks like another season of leek harvesting --- That guy who got liquidated with 936,600 probably needs a long time to recover; leverage is really not a game --- The bulls were hammered pretty hard this time, ETH directly lost 3.62 million --- I just want to know who was behind the dump this time, feels like there's some deep strategy involved --- Manage your leverage +1, every time I see this kind of data I’m glad I don’t play with high leverage --- Over 75 million liquidated in a day, the market’s volatility this time is indeed fierce --- PEPE contract players are truly warriors, going all-in with 930,000... --- Another bloody lesson, this time the rise didn’t come back, probably because I didn’t cut losses
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RektRecordervip
· 11h ago
Wow, $936,600 was lost in one shot. How reckless can this guy be? --- 56,676 people liquidated within a day. That number sounds outrageous and a bit scary. --- The bulls have really been pressed to the ground this round, and ETH's data looks painful. --- Leverage is something you need to be cautious about; not everyone can handle it. --- That single liquidation on PEPE was really a big gift to others—just unbelievable. --- $75.93 million in liquidations in one day. The market is really volatile. --- Looking at these numbers, it feels like the bulls have been thoroughly harvested by the hunters. --- Contracts are truly high-leverage meat grinders; anyone who touches them will regret it. --- How could someone place such a large order on the PEPE contract? How clueless can they be?
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