$BTC $ETH $BNB Major upheaval in the crypto circle! Ethereum's liquidations total $180 million, far exceeding Bitcoin!
On May 12, the cryptocurrency market was swept by a storm, showcasing a thrilling and bloody washout. In this turmoil, Ethereum and Bitcoin became the focus of everyone's attention, and the liquidation data they presented was truly astonishing!
According to the latest data from Coinglass, the liquidation amount of Ethereum in the past 24 hours reached an astonishing $180 million! In comparison, the liquidation scale of Bitcoin was only $74.25 million, making Ethereum's liquidation amount far exceed that of Bitcoin, the difference is obvious.
In-depth analysis of Ethereum's liquidation details reveals that the losses for bulls are particularly severe, amounting to $99.87 million; bears were not spared either, with $79.95 million in positions being forcibly liquidated. This mutual destruction in the market resembles a brutal war without gunpowder, where bulls and bears fiercely fight, ultimately resulting in a mutually damaging outcome.
Behind this market situation, there are several key signals that deserve our high attention. On one hand, the leverage ratio in the ETH market is significantly higher than that in BTC, which directly leads to a larger liquidation scale. Excessive leverage is like a double-edged sword; while it brings potential high returns, it also buries huge risks. Once the market trend goes against expectations, the risk of liquidation can increase geometrically. On the other hand, the fierce competition between bulls and bears reflects the huge divergence in market views on the future trend of Ethereum. However, it is regrettable that there are no real winners in this competition.
It is particularly noteworthy that the liquidation amount for long positions is nearly $20 million higher than that for short positions. This data clearly indicates that during the recent sharp fluctuations in Ethereum's price, those investors who chased the rise paid a much more painful price. This also serves as a warning to many investors: the risk of chasing highs often outweighs that of buying low. The principle of buying coins is actually quite simple—"buy low, sell high"; in other words, buy when the price is cheap and sell when the price is expensive. When the price is already high, it means that the risk is also rising simultaneously. At this point, investors should either choose not to participate in this high-risk game or need to rely on keen insight to find more potential and lower-risk investment targets.
Now turning our attention to the recently popular #特朗普概念币 such as Co n an and Trump's Dogecoin, their narratives are comparable to DOGE, yet their market value remains relatively low. However, what is surprising is the strong momentum of community building, with rapid development. For those steadfast believers in the meme track, it might be worthwhile to boldly invest in some. Remember the meme wealth formula: Buy quality memes low + hold long-term like a diamond hand. This formula may seem plain and simple, but it contains profound investment wisdom that often yields unexpected results in meme coin investments. Binance's ace MeMe chat group #MichaelSaylor暗示增持BTC #山寨季何时到来 #币安Alpha上新 #BTC重返10万
In the crypto circle, a field full of opportunities and risks, every market fluctuation is like a test, testing investors' wisdom, courage, and patience. I hope everyone can learn lessons from this liquidation event of Ethereum and Bitcoin, remain cautious on the investment road, and make wise decisions.
