In the past 24 hours, the crypto market experienced a total of $458 million in liquidations.
Among them, long positions accounted for $374.7 million, indicating significant pressure on bullish positions; short positions liquidated amounted to $83.3 million. This asymmetric distribution of liquidations reflects the fragility of the bullish forces in the market.
Long liquidations made up 81.8% of the total liquidation amount, suggesting that bullish traders faced greater impact during recent market volatility. Such large-scale liquidations are often accompanied by sharp price declines, triggering a large number of stop-loss orders and margin calls. Traders should pay attention to key support levels of major cryptocurrencies like Bitcoin and Ethereum to prevent further market downturns.
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.
12 Likes
Reward
12
8
Repost
Share
Comment
0/400
StillBuyingTheDip
· 01-10 11:23
It's another day of bullish bloodbath, $370 million just disappeared...
This round of liquidations was really brutal. How are the leveraged traders still holding on?
Support levels need to be watched closely, or we might really break below.
The bulls are so fragile, the bears must be making a killing haha.
The liquidations are so intense that I'm a bit worried, but I still keep buying the dip...
View OriginalReply0
LiquidatedThrice
· 01-10 09:36
Damn, another long position gets hammered, 370 million gone...
---
This liquidation pace is pretty intense. Why are the longs so fragile?
---
81.8% long positions liquidated. I just want to ask, who is still bottom-fishing?
---
Another "preventive dip," sounds nice, but the coins are already gone.
---
Long positions are being bloodied, shorts are probably laughing... truly ruthless.
---
83.3 million short positions liquidated, why is it so little? Feels a bit unbalanced.
---
The fate of longs is like this; every big fluctuation has to cost money.
---
Key support level... I think it's the key level to cut losses.
---
Bitcoin support level? Don't be silly, support is useless.
---
370 million, that number just sounds painful.
---
The market still needs to fall; this is just the beginning.
View OriginalReply0
GateUser-e19e9c10
· 01-07 22:56
Another day of bulls being wiped out, with 370 million in long positions liquidated. This is just ridiculous.
View OriginalReply0
pumpamentalist
· 01-07 21:06
Another day of bulls being slaughtered, $370 million just disappeared into thin air.
View OriginalReply0
ApeShotFirst
· 01-07 21:06
Here we go again, are the bulls being slaughtered again? $458 million just disappeared, I told you not to go all-in!
With such a fierce liquidation, the bears only made over $80 million, but the bulls were cut by $370 million. That gap... uh, it's a bit outrageous.
The support level is about to break, Bitcoin and Ethereum need to hold on, or else if they drop further, it'll be a complete liquidation.
View OriginalReply0
WalletDetective
· 01-07 20:59
Once again, it's the long positions getting liquidated. An outrageous 81.8% liquidation ratio—this move is really intense.
View OriginalReply0
NewDAOdreamer
· 01-07 20:57
Another day of longs being liquidated. What does $370 million say? It means another group of people had their dreams shattered.
---
81.8% of long positions liquidated. Just looking at this data makes my head hurt. The bulls are really fragile.
---
Can Bitcoin and Ethereum's support levels really hold? Or is another wave of decline coming?
---
$458 million. How many people got liquidated? Just thinking about it makes me suffocate.
---
This round of longs has really taught people a lesson. Short positions are only $83.3 million, the gap is too ridiculous.
---
When will it be the shorts' turn to get hit? It's always the longs getting abused.
View OriginalReply0
MidnightTrader
· 01-07 20:55
Another day of long positions being violently wiped out, with 370 million longs爆炸, that must hurt a lot.
The secondary market is now a meat grinder; support levels really need to be watched closely.
Lost again, I just want to know when the bottom will come.
This data looks really uncomfortable; 81.8% are longs... so ridiculous.
The bears are having fun, and our longs just keep getting cut.
Did the support level break? I need to see if I can still buy the dip.
4.58 billion disappeared in 24 hours, just hearing it makes my scalp tingle.
Longs are really too fragile; this market trend is disgusting.
I hate hearing the words margin call the most.
Once again, textbook-level long liquidation, classic move.
When will it rebound, everyone? I can't sit still anymore.
In the past 24 hours, the crypto market experienced a total of $458 million in liquidations.
Among them, long positions accounted for $374.7 million, indicating significant pressure on bullish positions; short positions liquidated amounted to $83.3 million. This asymmetric distribution of liquidations reflects the fragility of the bullish forces in the market.
Long liquidations made up 81.8% of the total liquidation amount, suggesting that bullish traders faced greater impact during recent market volatility. Such large-scale liquidations are often accompanied by sharp price declines, triggering a large number of stop-loss orders and margin calls. Traders should pay attention to key support levels of major cryptocurrencies like Bitcoin and Ethereum to prevent further market downturns.