The entire network recorded a huge liquidation amount of 1.886 billion USD in just 24 hours, in which the Long side suffered heavy losses, totaling 1.758 billion USD. This is the consequence of a sudden drop that triggered high-leverage liquidation orders.

This is also a reminder of the risks of high leverage in a volatile market, where expected profits can evaporate completely in just a few hours!

BTCUSDT

Perp

73,967.2

-5.87%

ETHUSDT

Perp

2,132.02

-9.16%

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