04-12-2022, 07:02 AM
In the past 24 hours, $420.69 million longs were liquidated
<!-- SC_OFF --><div class="md"><p>In the past 24 hours, 141,325 traders were liquidated, the total liquidations come in at $420.69 million. The largest single liquidation order happened on Bitmex - XBTUSD value of $10.00M.</p> <p>​</p> <p>There have been a lot of posts like this one about shorts being liquidated and people in the comments celebrating that shorts got "rekt".</p> <p>We have to show the other side as well and remind people that the opposite is also true, as $420.69 million was liquidated in just 24 hours.</p> <p>$300 million was wiped just from BTC, ETH, LUNA, SOL, DOGE and NEAR.</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> <p>Edit: While I was making this post the liquidations rose by $20 million, so it's at $440 million right now, but I left the old title for obvious reasons.</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/u1gmw0/in_the_past_24_hours_42069_million_longs_were/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u1gmw0/in_the_past_24_hours_42069_million_longs_were/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>In the past 24 hours, 141,325 traders were liquidated, the total liquidations come in at $420.69 million. The largest single liquidation order happened on Bitmex - XBTUSD value of $10.00M.</p> <p>​</p> <p>There have been a lot of posts like this one about shorts being liquidated and people in the comments celebrating that shorts got "rekt".</p> <p>We have to show the other side as well and remind people that the opposite is also true, as $420.69 million was liquidated in just 24 hours.</p> <p>$300 million was wiped just from BTC, ETH, LUNA, SOL, DOGE and NEAR.</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> <p>Edit: While I was making this post the liquidations rose by $20 million, so it's at $440 million right now, but I left the old title for obvious reasons.</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/u1gmw0/in_the_past_24_hours_42069_million_longs_were/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u1gmw0/in_the_past_24_hours_42069_million_longs_were/">[comments]</a></span>Kind Regards R