The cryptocurrency market is facing a wave of liquidation! $628 million evaporated in 24 hours, over 130,000 people left with nothing.
On August 25, BlockBeats reported that Coinglass data shows the cryptocurrency market is experiencing another "bloody storm"—the total liquidation amount in the past 24 hours reached $628 million! Among them, long positions accounted for $459 million in liquidations, while short positions accounted for $168 million, highlighting the brutal nature of the long-short battle.
In this crazy volatility, a total of 139,847 people suffered liquidations, with the largest single liquidation occurring on OKX - BTC - USDT - SWAP, valued at $12.4876 million. The wealth of countless investors vanished in an instant, with accounts wiped out, leaving only the ruthless market fluctuations.
In the cryptocurrency market, risks are always beyond imagination. Every sharp fluctuation is a cruel test of investors' risk tolerance and trading strategies. Everyone must operate cautiously, manage risk well, and avoid becoming the next "victim" on the liquidation list!
