$🧹 Binance – Today's Margin Liquidation Captain!
🟡💥 With $90.71M liquidated in the last 24 hours, Binance officially leads the “cleaning up positions” ranking!
Anyone who hasn’t had a sip of water has already seen their orders disappear, especially the Longs getting “lovingly slapped” with nearly $58M! The Shorts didn’t fare much better with nearly $33M vanishing into thin air.
The entire exchange seems to be hosting a grand liquidation party… 🎉
🔥 Summary of the entire market:
Total liquidation: $205.97M
Long liquidation rate: 69.19%
Top participants in the party include:
Bybit: $57.94M
OKX: $29.28M
And the unexpected twist from Bitmex: $139.12M! 😱
Seeing Bitmex liquidate nearly $122M Longs is quite heartbreaking... but Bitfinex is the final boss with a 90.37% Long liquidation rate on the altar!
🧠 Today's lesson:
“Leverage is a double-edged sword. Hit the target and you get rich, miss your grip and... you’re on the liquidation wave!” ⚔️