Trader Shorting ETH Gets Liquidated—Loses $8M in a Flash!
“Short ETH? Bro just donated $8 million to the market.”
“1.6% pump, and boom—$8M gone. This is why leverage ain’t for the weak.”
⚡ What Happened?
One overleveraged trader shorted Ethereum (ETH) on Binance, only to get wiped out after ETH pumped 1.6% to $1,827.
The result? A brutal $8.05 million liquidation in a single move.
💥 The Bigger Picture:
He wasn’t alone:
134,577 traders liquidated in total
Combined liquidations hit $310 million
Shorts: $164M
Longs: $146M
🏦 Top Liquidation Hubs:
Binance: $101M
Bybit: $100M
OKX: $44M
Gate.io: $32M
⚠️ Why the Pump?
BTC surged 2.8%
Markets are positioning ahead of the Fed rate decision (May 8)
“He shorted ETH, and the market shorted his portfolio.”
“$8M gone faster than your weekend plans.”
👉 Long or short—where do you stand? Drop your take below!
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