🚨 Market Shock: One Trader Just Lost $220M as ETH Dropped 10%
I just watched one of the biggest single-trader wipeouts this cycle.
A massive leveraged ETH position on Hyperliquid got liquidated, triggering a cascade that pushed total crypto liquidations beyond $2.5 billion in just 24 hours.
This wasn’t just a normal dip — it was a leverage-driven flush.
What this tells me:
• Overleveraged longs are still crowded
• Liquidity remains extremely thin
• Forced liquidations are now driving price, not spot demand
Events like this remind us that risk management matters more than ever. In these conditions, survival beats profits.
Stay safe. Trade smart.$BTC $
BTC
68,192.84
+0.12%
ETH
2,020.36
+2.43%
BNB
624.14
+0.76%