In the past 24 hours, $1 BILLION longs were liquidated
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In the past 24 hours, $1 BILLION longs were liquidated

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/um5d5f/in_the_past_24_hours_1_billion_longs_were/"> <img src="https://b.thumbs.redditmedia.com/uh-4rDtRC1-2shflh9plZ7E2CW5iKDcddzVDj9UQ-ac.jpg" alt="In the past 24 hours, $1 BILLION longs were liquidated" title="In the past 24 hours, $1 BILLION longs were liquidated" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><a href="https://preview.redd.it/84ovg0crhjy81.png?width=1408&amp;format=png&amp;auto=webp&amp;s=ac5d9880941349c59f7a76824dcf9ae6ba47b130">:(</a></p> <p>In the past 24 hours, 259,220 traders were liquidated, the total liquidations come in at $1.00 billion.</p> <p>The largest single liquidation order happened on Bitmex - XBTUSD value of $6.30M.</p> <p>There are a lot of posts like this one about shorts being liquidated and people in the comments celebrating that shorts got &quot;rekt&quot;. </p> <p>We have to show that shorts are not the only ones getting rekt, but that the opposite is also true. </p> <p>Just in the last 24 hours, $1 billion of longs was liquidated.</p> <p>$700 million was wiped just from BTC, ETH and LUNA.</p> <p>Remember, don't over-leverage yourself on short or long, because you can get fucked both ways.</p> <p><a href="https://www.coinglass.com/LiquidationData">Source</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Underrated321"> /u/Underrated321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/um5d5f/in_the_past_24_hours_1_billion_longs_were/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/um5d5f/in_the_past_24_hours_1_billion_longs_were/">[comments]</a></span> </td></tr></table>
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