🚨 Urgent: 123,500 traders liquidated in 24 hours with losses exceeding $471 million!

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Scene Details:

• Number of liquidated traders: 123,500

• Total losses: $471 million

• Largest individual liquidation: $8.2 million on an ETH/USDT trade on the HTX platform.

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What is happening?

• Markets are experiencing sharp volatility that has forced many to exit their positions.

• The wave of mass liquidation may indicate that price movements were sudden or that leverage ratios were excessive.

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Advice for traders:

• Monitor the market closely

• Use strict risk management

• Do not overly rely on leverage!

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Were you among those affected?

Share your experience or opinion on the reasons for this massacre!

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