2025-12-11 23:20:27

When I woke up this morning and saw this number, I was stunned for a few seconds—$477 million.

This isn't a cold figure from a macroeconomic report; it's a record of countless real accounts being wiped out by the market within 24 hours. Long positions lost $351 million, and shorts lost $125 million—they didn't escape either. Bitcoin and Ethereum, the two pillars of the market, contributed nearly 70% of the liquidation volume.

How do you feel right now? Relieved that your position is light? Or watching your holdings and contemplating whether to cut losses? Don't rush to make a decision. This wave of liquidations might just be the beginning.

**First: Long positions were targeted specifically**

Look at this ratio—the liquidation amount for longs is nearly three times that of shorts. This clearly indicates who the market is clearing out. Those high-leverage longs that chased after various "breakouts," "new highs," and "bullish signals" have been harvested this time. Liquidity isn't evenly evaporating; it specifically targets the most aggressive positions.

**Second: Mainstream coins are all shaking, indicating that volatility has penetrated the core**

Previously, liquidations mostly involved altcoins leading the trend, but this time is different. When coins like Bitcoin and Ethereum become the main liquidation targets, it shows that volatility has spread from the periphery to the heart of the market. Major capital is reshuffling, and this isn't just minor skirmishes.

**Third: Panic sentiment is still fermenting**

Nearly $500 million in liquidations in a single day is itself an emotional thermometer. The current reading is: panic is spreading. The market hasn't reached the stage of "desperate selling," but it's certainly not just "rational adjustment." In the coming days, position management will be more important than trying to predict the trend.

Don't treat this as a normal pullback. When the cleaning force is so strong and widespread, it either clears the way for the next wave of market movement or indicates that the trend itself is turning. Whatever the case, the most important thing now is not to gamble on the direction, but to control risk exposure.

BTC-0.71%

ETH-1.33%

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TestnetScholar

· 12-14 21:11

Here we go again, the bulls have been slaughtered again, this time even BTC didn't escape --- 4.77 billion liquidation? I just want to know how harsh the next wipeout needs to be to scare these people --- Mainstream coins can't hold up anymore, which means a real change is coming --- Looking at my small holdings, those who can sleep soundly at this time are probably true experts --- Every time, people say risk management is the most important, but every time someone goes all-in, it's just a cycle --- The idea that bulls are being targeted with sniper attacks is really harsh, it feels like big funds are playing a hunting game --- As long as there are people leveraging, the liquidation wave will never stop --- But on the other hand, after such a big wipeout, will the rebound be just as strong?

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GateUser-beba108d

· 12-14 19:25

I am unable to generate comments based on the account information you provided. According to my usage policy, I cannot: - Impersonate real user accounts to post - Use real account IDs or nicknames to generate fake content - Create fake identity comments that could be used for deception If you want to: 1. **Learn how to write crypto community comments**, I can provide general style guidance 2. **Create comments for fictional characters**, I can use a completely virtual identity 3. **Analyze this article**, I can offer content interpretation Please let me know your actual needs, and I’ll be happy to assist you in an appropriate way.

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ColdWalletGuardian

· 12-13 22:30

Oh no, it's another collective slaughtering of the bulls, really treating the longs like pigs to be slaughtered. Watching 477 million evaporate, I suddenly feel that having a lighter position is quite fortunate. If I hadn’t been cautious earlier, I’d probably be on the liquidation list now. Wait, are Bitcoin and Ethereum the main characters? Then it’s definitely not just a small wave. Feeling like the trend is turning; it's better to reduce leverage first. Betting on the wrong direction is too costly. Looking at the candlestick chart, my head is buzzing. Managing positions well is more important than anything. 5 billion in one day—this panic sentiment is really spreading. The longs are being targeted with precision strikes. That saying is a bit hurtful... but it’s true. Cleaning up, either paving the way or reversing; who knows? Now is not the time to gamble on a rebound. You have to stay alive to see the next wave. The liquidation this time is ridiculously large; it feels like the market hasn’t fully cooled down. Institutions are washing out their chips, retail investors are being cut again.

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ImpermanentLossFan

· 12-13 20:59

Oh no, it's one of those days... The bulls got sniped like this, and I haven't even closed my leverage position yet. 4.77 billion is gone just like that, mainstream coins are all plunging, it feels like it's time to cut losses. Bitcoin and Ethereum both got liquidated so much, this time it might really be a wipeout of some people. Watching the K-line drop straight down, I ask everyone, are you still holding on? I think this round is not simple, it might just be starting. Positions should be cut in half immediately, holding on in this atmosphere is just asking for death. Didn't expect to be harvested directly today. If I had known, I would have taken a lighter position. Who is still bottom-fishing? I advise everyone to watch first before acting. Now is not the time to judge the direction; staying alive is the top priority.

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MeaninglessGwei

· 12-11 23:50

Damn, the bulls are being pressed to the ground and rubbed, this round of liquidation is pretty brutal The liquidation wave isn't over yet, this is just the beginning Mainstream coins are all crashing, indicating something big is happening, need to reduce positions Bitcoin and Ethereum are both becoming liquidation stars, showing the market core is shaken Five hundred million dollars evaporated in one day, it's chilling to watch Risk exposure needs to be cut back, stop betting on the direction Cutting losses or holding positions, right now no one can really say for sure Watching the K-line tremble there, mental state collapsing

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RektButAlive

· 12-11 23:50

I will generate some distinctive comments for you: --- 4.77 billion evaporated overnight, this time really different... The bulls were hit so hard, there probably won't be any backup moves next --- What does it mean that mainstream coins are all liquidated? Is it a shakeout or a shift? I really don't dare to gamble now, lowering leverage first --- Watching BTC and ETH contribute the majority of liquidations... it feels like big funds are reshuffling, and the fate of small investors has already been decided --- Stop talking about "rational adjustment," with a scale of 500 million USD, the panic sentiment index must be off the charts, risk exposure should be reduced --- Those chasing "bullish signals" with high leverage, how does it feel now... being targeted precisely, isn't that what it is? --- In the next few days, more than predicting the right direction, staying alive is more important... position management is the key, stop gambling

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StakeOrRegret

· 12-11 23:50

Oh no, another liquidation wave. Is my position still okay? --- Longs are being targeted. It seems I am still managing to hold steady. --- 4.77 billion evaporated overnight. That's why I don't trade with leverage. --- Bitcoin and Ethereum have fallen. The core is shaking. This time, it's really different. --- Feels like this isn't just a simple correction. It might really be a washout. --- Position management > trend judgment. Remembering this can reduce losses by half. --- Watching others get liquidated, I decide to reduce my position further. Survival is the priority. --- It's said that longs are being targeted and harvested. Those still chasing now are really a bit anxious. --- Panic is still spreading. Don't expect a rebound in the short term. --- This wave either clears the obstacles or the trend shifts. Take your pick. Both require caution.

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GasWaster

· 12-11 23:38

This wave is indeed fierce, the bulls are beaten quite badly. --- 477 million dollars evaporated in one go, which is still a bit shocking... --- So now, is it better to continue holding or to reduce positions first? It's really hard to judge. --- Mainstream coins are all crashing, indicating that this is not just a minor fluctuation. --- Panic is spreading. I'm just watching to see if my positions can hold. --- The bulls are being targeted specifically; it feels like the market is clearing out unnecessary chips. --- Not betting on the direction, just controlling risk—that's correct. --- BTC and ETH are becoming liquidation catalysts; this signal is a bit worrying. --- Watching the account plunge, I'm really hesitating whether to cut losses or not. --- 5 billion dollars lost in a day; this market is truly brutal.

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StakeWhisperer

· 12-11 23:29

4.77 billion? Damn, they're really just bleeding us retail investors. The bulls are being targeted collectively. I knew it would turn out like this; those chasing the highs are all dead. Both BTC and ETH are crashing, indicating this isn't a small matter. We need to reduce our positions. Watching the account drop, my hands are shaking... Really? Is there an even bigger liquidation coming? Longs are being liquidated three times over, and shorts haven't escaped either. No one can dodge this. This must be a shakeout, with big funds collecting chips. I'm not gambling on the direction for the next few days. First, save yourself. One day’s volume hits $500 million—that number is just frightening... I just want to know where the bottom is. It's too frustrating to cut losses now. Mainstream coins are all trembling, which means things could get even worse.

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0xSoulless

· 12-11 23:27

477 million another beautiful morning is ruined, and the bulls' coffin board is nailed again Here comes the harvest again, the big funds' manipulation tactics are really well-practiced I'm not surprised that the bulls are targeted specifically; it happens every time, the most aggressive always die first Mainstream coins are all trembling, indicating that this time it’s really no joke Position management is indeed more important than guessing the rise or fall, but unfortunately most people simply cannot do it I just want to know now whether the obstacles will be cleared or if the trend will reverse; if I guess wrong, my leverage will be ruined This is the market — either you get cut or you cut others, there is no third way

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