ETH/USDT Sharp Liquidation Event



A significant long position liquidation just hit the market - $2.88M worth of leveraged ETH positions closed out at $3,175. This marks a textbook case of over-leveraged trading collapsing under market pressure.

When traders stack leverage on volatile assets like Ethereum, even small price swings can trigger cascade liquidations. The $2.88M wipeout suggests multiple positions getting forced closed simultaneously, typical of high-leverage concentration in similar price zones.

This kind of event underscores a critical lesson: while leverage multiplies gains, it equally magnifies losses. One aggressive move in the market, and highly leveraged portfolios get wiped clean.
ETH-3.67%
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MEVSandwichMakervip
· 6h ago
2.88 million just gone like that, another daily tragedy of the leverage traders.
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AirdropNinjavip
· 6h ago
It's the old trick of leverage liquidation again; 2.88 million is gone just like that. It seems some people still haven't learned their lesson.
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AirdropHunterWangvip
· 6h ago
Another liquidation drama... Luckily, this time it's not our order haha
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NFT_Therapy_Groupvip
· 7h ago
Another bloody liquidation drama... These people really can't learn. 2.88M just disappeared like that.
View OriginalReply0
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