According to on-chain data statistics, there were $108 million worth of liquidation events across the entire network in the past day. Among them, long positions experienced $67.438 million in liquidations, while short positions lost $40.7996 million.
Looking at mainstream cryptocurrencies, Bitcoin long liquidations amounted to $10.2925 million, and short liquidations were $4.6556 million; the situation for Ethereum was even more severe, with long liquidations reaching $22.4935 million and short liquidations at $4.3411 million. This indicates that recent Ethereum market volatility has been particularly intense, with clear pressure on long positions.
Data also shows that in the past 24 hours, a total of 82,838 people were forcibly liquidated. The largest single liquidation occurred on a major exchange's ETH trading pair, with a scale of up to $2.8831 million, demonstrating the aggressive leverage use by market participants.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
3
Repost
Share
Comment
0/400
ThreeHornBlasts
· 01-20 03:00
Ethereum is really crazy this time, over $20 million liquidated, are the longs still holding on?
This leverage... I need to reflect on my own positions.
A single liquidation of $2.88 million, that guy really knows how to play.
It's the liquidation season again, who missed out?
Over 80,000 people swept, this market has no peaceful days.
ETH long positions are so tragic, should I still hold on?
Feels like leverage traders have become more and more aggressive recently, something's going to happen.
Liquidations of 100 million per day, hmm... normal operation.
Ethereum has been outrageous lately, the volatility is terrifying.
Longs are one after another going to eat dirt.
View OriginalReply0
MindsetExpander
· 01-20 02:46
Another bloody 24 hours, I really don't dare to look at my account
When it comes to contracts, the more leverage you use, the faster you die
That ETH liquidation of 2.88 million, you must have a huge heart to play like that
Over 80,000 people were liquidated, it feels like my朋友圈 is going to have more bankruptcy stories
Long positions really got hammered, this wave of market movement is indeed a bit fierce
That's why I switched to only doing spot trading, my sleep quality has improved significantly
Looking at these data, it feels like the market is harvesting heads
The volatility of ETH this time, no wonder so many liquidations happened
A hundred million just disappeared, this is the daily life in the crypto world
Doing this every day, who can withstand it?
View OriginalReply0
AirdropHunterKing
· 01-20 02:31
Wait, a single liquidation of $2.88 million? How crazy does this guy have to be to play like that?
No, no, I need to check if my wallet address has been mistakenly operated on... This market is so ruthless, the bulls are being slaughtered.
Over 80,000 positions liquidated, it feels even more dangerous than my羊毛hunting, sticking to honest gains is more reliable.
That's why I never use leverage, isn't free airdrops more appealing?
ETH has plummeted so much, gas fees are much cheaper, it's a good time to interact with contracts.
According to on-chain data statistics, there were $108 million worth of liquidation events across the entire network in the past day. Among them, long positions experienced $67.438 million in liquidations, while short positions lost $40.7996 million.
Looking at mainstream cryptocurrencies, Bitcoin long liquidations amounted to $10.2925 million, and short liquidations were $4.6556 million; the situation for Ethereum was even more severe, with long liquidations reaching $22.4935 million and short liquidations at $4.3411 million. This indicates that recent Ethereum market volatility has been particularly intense, with clear pressure on long positions.
Data also shows that in the past 24 hours, a total of 82,838 people were forcibly liquidated. The largest single liquidation occurred on a major exchange's ETH trading pair, with a scale of up to $2.8831 million, demonstrating the aggressive leverage use by market participants.