Over $703M was liquidated in the past 24 hours!
- 212,650 traders lost their positions
- $485M in longs liquidated
- $218M in shorts liquidated
Largest single liquidation: $11M $BTC long on Bybit
What's the lesson for traders?
- Leverage can amplify gains but also destroys accounts fast
- Always use stop-losses
- Don’t overleverage
- Understand your liquidation price
- Preserve capital. Live to trade another day.