08-29-2021, 07:11 AM
$142M in shorts got liquidated and 38k traders got rekt in the past 24h.
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/pd5mgl/142m_in_shorts_got_liquidated_and_38k_traders_got/"> <img src="https://b.thumbs.redditmedia.com/SaQoMgaR7HTQSAJzku95hDBdeUF5AiKsGObe8ubPG-k.jpg" alt="$142M in shorts got liquidated and 38k traders got rekt in the past 24h." title="$142M in shorts got liquidated and 38k traders got rekt in the past 24h." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Welcome back to the daily dose of liquidation, a reminder to not mess with leverage unless you know what you're doing.</p> <p>In the last 24 hours, 38,806 traders were liquidated on their positions which add up to over $197M.</p> <p>In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position. </p> <p>72.18% of them were short positions, which add up to $142M. The other $55M were in long positions.</p> <p>The biggest single liquidation happened on a BTC trade with a value of $3.62M.</p> <p>$108M were liquidated on Bitcoin.</p> <p>$38.16M were liquidated on Ethereum.</p> <p>$11.78M were liquidated on XRP.</p> <p>The rest were liquidated on various altcoins.</p> <p>Source: <a href="https://www.bybt.com/liquidationdata">https://www.bybt.com/liquidationdata</a></p> <p>​</p> <p><a href="https://preview.redd.it/2xk4abctz1k71.png?width=1213&format=png&auto=webp&s=cf9281577be823be10cf117213a987a3c914f5a6">Total Liquidations</a></p> <p>​</p> <p><a href="https://preview.redd.it/naalg73wz1k71.png?width=1324&format=png&auto=webp&s=e7b15cb07fa817902284c0edb472104e5f4a9297">Symbol Liquidations</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/omeri_e"> /u/omeri_e </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pd5mgl/142m_in_shorts_got_liquidated_and_38k_traders_got/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pd5mgl/142m_in_shorts_got_liquidated_and_38k_traders_got/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/pd5mgl/142m_in_shorts_got_liquidated_and_38k_traders_got/"> <img src="https://b.thumbs.redditmedia.com/SaQoMgaR7HTQSAJzku95hDBdeUF5AiKsGObe8ubPG-k.jpg" alt="$142M in shorts got liquidated and 38k traders got rekt in the past 24h." title="$142M in shorts got liquidated and 38k traders got rekt in the past 24h." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Welcome back to the daily dose of liquidation, a reminder to not mess with leverage unless you know what you're doing.</p> <p>In the last 24 hours, 38,806 traders were liquidated on their positions which add up to over $197M.</p> <p>In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position. </p> <p>72.18% of them were short positions, which add up to $142M. The other $55M were in long positions.</p> <p>The biggest single liquidation happened on a BTC trade with a value of $3.62M.</p> <p>$108M were liquidated on Bitcoin.</p> <p>$38.16M were liquidated on Ethereum.</p> <p>$11.78M were liquidated on XRP.</p> <p>The rest were liquidated on various altcoins.</p> <p>Source: <a href="https://www.bybt.com/liquidationdata">https://www.bybt.com/liquidationdata</a></p> <p>​</p> <p><a href="https://preview.redd.it/2xk4abctz1k71.png?width=1213&format=png&auto=webp&s=cf9281577be823be10cf117213a987a3c914f5a6">Total Liquidations</a></p> <p>​</p> <p><a href="https://preview.redd.it/naalg73wz1k71.png?width=1324&format=png&auto=webp&s=e7b15cb07fa817902284c0edb472104e5f4a9297">Symbol Liquidations</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/omeri_e"> /u/omeri_e </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pd5mgl/142m_in_shorts_got_liquidated_and_38k_traders_got/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pd5mgl/142m_in_shorts_got_liquidated_and_38k_traders_got/">[comments]</a></span> </td></tr></table>Kind Regards R