Over the past 24 hours, the derivatives market faced significant turbulence with over 71,000 traders facing liquidation across major exchanges. Total liquidation volume hit $168.28M, underscoring the volatility gripping crypto markets. Bitcoin futures saw the heaviest impact, with the largest single liquidation spike reaching $2.51M on Hyperliquid's BTC-USD pair. The surge in liquidations reflects heightened leverage positioning and sharp price swings that continue to define current market dynamics.
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fomo_fighter
· 18h ago
71,000 liquidations? Man, these leveraged traders are really too greedy.
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CryptoPhoenix
· 23h ago
Over 70,000 people liquidated, $16.8 billion wiped out in an instant. This is the price of leverage, my friends... It's another day of being battered by the market, but isn't this also an opportunity for rebirth?
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HashBard
· 23h ago
ngl the liquidation cascade reads like a greek tragedy where leverage becomes hubris... 71k gamblers learning the hard way that derivatives aren't a narrative device, they're a guillotine. $168M evaporating in 24h? that's not volatility, that's the market's sentiment meter screaming.
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TerraNeverForget
· 23h ago
This wave of liquidations is too intense, over 70,000 people sacrificed...
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gas_fee_therapist
· 23h ago
71,000 liquidations? Is that real? How does this leverage work?
Over the past 24 hours, the derivatives market faced significant turbulence with over 71,000 traders facing liquidation across major exchanges. Total liquidation volume hit $168.28M, underscoring the volatility gripping crypto markets. Bitcoin futures saw the heaviest impact, with the largest single liquidation spike reaching $2.51M on Hyperliquid's BTC-USD pair. The surge in liquidations reflects heightened leverage positioning and sharp price swings that continue to define current market dynamics.