Brutal! Last night 100,000 people globally were liquidated for 349 million!
Big news, everyone! Last night, the crypto world staged a sequel (queueing on the rooftop) again, with 100,000 retail investors collectively getting boxed lunches, 350 million dollars evaporated instantly! An average of 70 wallets were wiped out every minute, liquidation speed faster than my dad snatching red envelopes! 🤯
Live coverage of liquidation scene
Empty graveyard: The BTC bears lost 50 million dollars, the ETH bears fared worse, 110 million dollars went down the drain!
Leverage suicide squad: A certain trader used 100x leverage to short, but the price came back hard, and in 5 minutes the account was wiped out, with no chance to top up the margin!
Exchange crash: The liquidation volume was too large, the platform system was literally smoking, customer service responded: 'It's not lagging, you really have lost it' 💨