According to on-chain data tracking, the liquidation situation in the global trading market over the past day has been quite severe—positions of over 80,000 people were liquidated in a short period, with total losses reaching $255 million. Among them, long positions bore the brunt, with liquidation amounts of about $199 million, while short positions fared no better, losing around $55.65 million.
What draws the most attention is the massive liquidation on the Hyperliquid platform—one single liquidation amount on the BTC-USD trading pair exceeded $7.9 million. Such a large order being forcibly closed often indicates severe market volatility and significant pressure on leveraged positions. For users participating in derivatives trading, this data serves as a reminder of the importance of risk management.
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LiquidatorFlash
· 12-24 02:29
80,000 people evaporated 255 million in a day, this threshold trigger is really harsh...
7.9 million for a single liquidation, it hurts just to look at it. Long positions are being crushed severely, setting such a high leverage really is a death wish.
Data speaks for itself, an imperfect risk control mechanism leads to this outcome.
In the short term, such fluctuations can't be supported by high collateral positions at all.
Another round of market lessons, is there anyone who still can't learn from it...
At the moment the collateral ratio plummeted, all borrowing positions exploded, and as soon as the smart contracts were executed, it turned tragic.
Liquidation risk never considers how big your account is.
After this wave, someone will probably drop out of the circle again, truly pitiful.
According to on-chain data tracking, the liquidation situation in the global trading market over the past day has been quite severe—positions of over 80,000 people were liquidated in a short period, with total losses reaching $255 million. Among them, long positions bore the brunt, with liquidation amounts of about $199 million, while short positions fared no better, losing around $55.65 million.
What draws the most attention is the massive liquidation on the Hyperliquid platform—one single liquidation amount on the BTC-USD trading pair exceeded $7.9 million. Such a large order being forcibly closed often indicates severe market volatility and significant pressure on leveraged positions. For users participating in derivatives trading, this data serves as a reminder of the importance of risk management.