On January 10th, according to data from the on-chain analytics platform, the crypto market experienced a period of intense volatility. In the past hour alone, the liquidation amount for a popular coin reached $1,078,000. Long traders suffered losses of $216,800, while short positions were liquidated for $861,200.
Looking at the 24-hour data from a broader perspective, the scale of liquidations is even more shocking — the total liquidation volume across the entire network hit $114 million. Long positions bore the brunt, with liquidations totaling $85,738,400, while shorts were also heavily impacted, with $28,429,500 wiped out. Statistics show that a total of 61,793 traders worldwide were forcibly liquidated during this market event.
Among them, the most alarming is the BTC contract market on a certain derivatives trading platform, where the largest single liquidation order reached $2,519,200. Behind such figures, it reflects that current market participants still carry significant leverage risk exposure. In an era of increasing crypto market volatility, risk management and cautious use of leverage tools are more important than ever.
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SybilAttackVictim
· 2h ago
Another massacre, 61,793 people harvested... The contract is just a big casino.
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Watching liquidation data every day, I feel sorry for those leveraged traders. How can some people still not learn?
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A single liquidation of $2.51 million, you must have a huge heart to go all-in...
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$114 million just disappeared. Why is this market so crazy and murderous?
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Both longs and shorts are smashed, it seems no one can leave this game alive.
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Control risk? What a joke, no one listens.
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$1.07 million in one hour, $114 million in 24 hours. The fluctuations are outrageous.
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Getting cut again, but I am not one of these 61,793 people... Lucky.
View OriginalReply0
MemeCurator
· 01-10 16:56
Contract slaughter scene, 61,793 lives disappeared, my goodness, this wave left me stunned
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Another liquidation feast, bulls and bears buried together, it's outrageous
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2.51 million in a single liquidation? Bro, this is like going to the rooftop
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Leverage is truly a devil, 1.07 million disappeared in an hour, pity for these gamblers
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Brothers playing contracts, this market trend has really bloodied the whole scene, surviving is already a win
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114 million in liquidations in 24 hours, this number sounds awkward, better to stick to honest trading
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Both bullish and bearish positions got harvested, who made money? The market makers are counting their cash
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A single loss of 2.51 million, what kind of heart does that take? Just thinking about it makes my legs weak
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61,793 traders liquidated simultaneously, is this the daily routine of the crypto market?
View OriginalReply0
just_here_for_vibes
· 01-10 16:55
It's starting to bloodbath the newbies again, these numbers make my scalp tingle.
Over 100 million in liquidation amount, what's going on? Leverage really is a harvesting tool.
Over 60,000 people being liquidated at once? I just want to ask, who the hell still dares to open positions with more than 5x leverage?
A single trade of $2.51 million, this guy is probably going to eat dirt... Wake up, everyone.
Contracts are just gambler's games; no matter how fast you lose, there are always people rushing in.
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SchrodingerWallet
· 01-10 16:51
Damn, a 1.07 million liquidation in one hour? This is trying to kill people alive.
The bankruptcy meeting has started again, with over 60,000 people sacrificed. Isn't this number outrageous?
Leverage is a knife prepared for greedy people. Every time, someone refuses to believe in evil.
A single liquidation of 2.51 million orders. How desperate must this guy be...
The contract market is just a casino. This time, another wave of leek-cutting.
Really should ban high leverage. With such high risk, rushing in is just pure brain damage.
Another lesson of 1.14 billion. Oh my God.
View OriginalReply0
GasFeeLady
· 01-10 16:43
yo, 61k plus traders getting liquidated in 24hrs... that's not a market correction, that's a liquidation cascade. and nobody's talking about the MEV implications when this happens lol
On January 10th, according to data from the on-chain analytics platform, the crypto market experienced a period of intense volatility. In the past hour alone, the liquidation amount for a popular coin reached $1,078,000. Long traders suffered losses of $216,800, while short positions were liquidated for $861,200.
Looking at the 24-hour data from a broader perspective, the scale of liquidations is even more shocking — the total liquidation volume across the entire network hit $114 million. Long positions bore the brunt, with liquidations totaling $85,738,400, while shorts were also heavily impacted, with $28,429,500 wiped out. Statistics show that a total of 61,793 traders worldwide were forcibly liquidated during this market event.
Among them, the most alarming is the BTC contract market on a certain derivatives trading platform, where the largest single liquidation order reached $2,519,200. Behind such figures, it reflects that current market participants still carry significant leverage risk exposure. In an era of increasing crypto market volatility, risk management and cautious use of leverage tools are more important than ever.