$1.64B liquidated in 24 hours. $1.46B of that was longs.
$750M+ gone in the last 4 hours. 185k traders wiped. Biggest single liquidation was $31M $BTC on Hyperliquid.
Over-leveraged longs just got flushed out. Tale as old as time — everyone piling in at the top with max leverage, then wondering what happened when it reverses.
This is what happens when the market gets too one-sided.
$750M+ gone in the last 4 hours. 185k traders wiped. Biggest single liquidation was $31M $BTC on Hyperliquid.
Over-leveraged longs just got flushed out. Tale as old as time — everyone piling in at the top with max leverage, then wondering what happened when it reverses.
This is what happens when the market gets too one-sided.
