Market Bloodbath! $111 Million Vanished, Bulls Massacred on December 26!
The crypto market was hit by a storm last night, with the total liquidation amount surging to $110 million within just 4 hours, of which long positions accounted for $108 million! Make no mistake, the bulls were almost entirely wiped out. In the past 24 hours, 122,578 traders were ruthlessly harvested, with a total liquidation amount reaching $309 million.
The most brutal blow? Occurred on Binance, with a long position liquidation of ETHUSDT worth $6.9 million! This is simply money evaporating into thin air.
What is hidden behind this? Market volatility is never without reason, and this time the data rings alarm bells again: leverage is no match for the sickle! Market sentiment has clearly experienced a serious mismatch, as bulls eagerly attack, forgetting they are standing on the edge of a cliff.
There is no Santa Claus in the crypto market, only merciless candlesticks. The wave of liquidations repeatedly reminds us that excessive optimism will only turn you into prey. If you don’t want to appear on the liquidation leaderboard next time, it’s time to calm down and reassess your trading strategy!
Don’t be blinded by short-term fluctuations, Brother Tang teaches you to lock in your goals, proceed step by step, and witness the explosion of wealth with a smile! Follow Brother Tang, and take you from confusion to freedom!
