02-10-2023, 05:18 AM
$209 millions of dollars worth of positions just got wiped today.
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/10y4uqe/209_millions_of_dollars_worth_of_positions_just/"> <img src="https://b.thumbs.redditmedia.com/-ZiDg7lagI3siWpXpIieLp4wgaROqNUy_jEK2K5S08Q.jpg" alt="$209 millions of dollars worth of positions just got wiped today." title="$209 millions of dollars worth of positions just got wiped today." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>As the overall market cap keeps dropping today, over $209,000,000 worth of positions just got liquidated from the market.</p> <p>The largest single liquidation order happened on Bitmex - XBT/USD value of $2.61M.</p> <p>As the market is trying to navigate through current turbulence we may see even more positions liquidated in the coming hours.</p> <p>Another reminder that trading with leverage is super risky and only few hours of price swings can wipe a lot of positions out of the market.</p> <p><a href="https://preview.redd.it/vpvp7ticz7ha1.png?width=1537&format=png&auto=webp&s=c100ecc9e9987c6fe567b6c2d9ff6a7b9f645797">https://preview.redd.it/vpvp7ticz7ha1.png?width=1537&format=png&auto=webp&s=c100ecc9e9987c6fe567b6c2d9ff6a7b9f645797</a></p> <p>Almost all of them were long positions:</p> <p><a href="https://preview.redd.it/9fa3v63fz7ha1.png?width=1533&format=png&auto=webp&s=60d3e2774146641cb08baf1f8021e6b5ba8faf0a">Liquidations per exchange</a></p> <p><a href="https://preview.redd.it/b1lfntwhz7ha1.png?width=1551&format=png&auto=webp&s=0a6c8108b506a260e3faa84f2f1ee96afbc45875">Longs vs shorts wiped today.</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rootpl"> /u/rootpl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10y4uqe/209_millions_of_dollars_worth_of_positions_just/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10y4uqe/209_millions_of_dollars_worth_of_positions_just/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/10y4uqe/209_millions_of_dollars_worth_of_positions_just/"> <img src="https://b.thumbs.redditmedia.com/-ZiDg7lagI3siWpXpIieLp4wgaROqNUy_jEK2K5S08Q.jpg" alt="$209 millions of dollars worth of positions just got wiped today." title="$209 millions of dollars worth of positions just got wiped today." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>As the overall market cap keeps dropping today, over $209,000,000 worth of positions just got liquidated from the market.</p> <p>The largest single liquidation order happened on Bitmex - XBT/USD value of $2.61M.</p> <p>As the market is trying to navigate through current turbulence we may see even more positions liquidated in the coming hours.</p> <p>Another reminder that trading with leverage is super risky and only few hours of price swings can wipe a lot of positions out of the market.</p> <p><a href="https://preview.redd.it/vpvp7ticz7ha1.png?width=1537&format=png&auto=webp&s=c100ecc9e9987c6fe567b6c2d9ff6a7b9f645797">https://preview.redd.it/vpvp7ticz7ha1.png?width=1537&format=png&auto=webp&s=c100ecc9e9987c6fe567b6c2d9ff6a7b9f645797</a></p> <p>Almost all of them were long positions:</p> <p><a href="https://preview.redd.it/9fa3v63fz7ha1.png?width=1533&format=png&auto=webp&s=60d3e2774146641cb08baf1f8021e6b5ba8faf0a">Liquidations per exchange</a></p> <p><a href="https://preview.redd.it/b1lfntwhz7ha1.png?width=1551&format=png&auto=webp&s=0a6c8108b506a260e3faa84f2f1ee96afbc45875">Longs vs shorts wiped today.</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rootpl"> /u/rootpl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10y4uqe/209_millions_of_dollars_worth_of_positions_just/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10y4uqe/209_millions_of_dollars_worth_of_positions_just/">[comments]</a></span> </td></tr></table>