Mainstream liquidation data breakdown: Big Cake is the worst-hit area, and $ETH follows closely behind
From today’s liquidation wave, the heatmap clearly shows the path where funds are being harvested: mainstream assets are absolutely the “main liquidation force.” Among them, Bitcoin (BTC) and Ethereum (ETH) are the most severe harvesting targets.
📊 Breakdown of the main liquidation players
$BTC (Big Cake): The undisputed liquidation king. Within 24 hours, the liquidation amount for Big Cake reached $219 million, accounting for nearly 40% of the total liquidations. This suggests that in extreme market conditions, massive capital engaged in high-leverage bets on Big Cake, only to be brutally washed out by the market.
ETH: Close behind, escaping no disaster. Ethereum’s liquidation amount was $26.8224 million. As the king of altcoins, when ETH is pumped or dumped, it’s often where retail traders apply the highest leverage—so the liquidation figures are especially significant.
SOL and other altcoins: An emotion amplifier
SOL contributed $8.7142 million in liquidations. These mainstream altcoins often have higher leverage multiples than Big Cake when the market fluctuates. Once pierced by a spike, liquidations can come extremely fast.
🧠 Why are Big Cake and mainstream assets the worst-hit liquidation zones?
Many people think playing altcoins is risky, but looking at liquidation data, Big Cake is actually where the most funds are harvested.
The temptation of high leverage: Mainstream coins (especially BTC), in traders’ eyes, are seen as “relatively stable.” This leads many to open extremely high leverage positions on Big Cake. Once a needle-like spike of a few hundred points hits, high-leverage positions can instantly go to zero.
A typical battlefield of double kills (both longs and shorts): Big Cake’s volatility directly determines overall market sentiment. Main players often use Big Cake’s sharp rallies and sell-offs—first blasting one side’s stop-loss orders, then reversing direction to harvest the other.
Liquidity trap: Although mainstream liquidity is the best, in extreme conditions liquidity can disappear instantly, causing massive slippage. Your stop-loss price might never even get filled, and you can be liquidated forcibly at a much worse price.
🛡️ Advice for players trading mainstream perpetuals
Looking at these full-screen liquidation stats for mainstream coins, we have to stay clear-headed: in this market, there are no absolutely safe coins—only absolutely safe positions.
Don’t blindly trust mainstream: Don’t think trading BTC/ETH means you don’t need stop-losses. In the face of liquidation data, all traders are equal.
Hopefully this $600 million tuition fee paid today isn’t for nothing.
From today’s liquidation wave, the heatmap clearly shows the path where funds are being harvested: mainstream assets are absolutely the “main liquidation force.” Among them, Bitcoin (BTC) and Ethereum (ETH) are the most severe harvesting targets.
📊 Breakdown of the main liquidation players
$BTC (Big Cake): The undisputed liquidation king. Within 24 hours, the liquidation amount for Big Cake reached $219 million, accounting for nearly 40% of the total liquidations. This suggests that in extreme market conditions, massive capital engaged in high-leverage bets on Big Cake, only to be brutally washed out by the market.
ETH: Close behind, escaping no disaster. Ethereum’s liquidation amount was $26.8224 million. As the king of altcoins, when ETH is pumped or dumped, it’s often where retail traders apply the highest leverage—so the liquidation figures are especially significant.
SOL and other altcoins: An emotion amplifier
SOL contributed $8.7142 million in liquidations. These mainstream altcoins often have higher leverage multiples than Big Cake when the market fluctuates. Once pierced by a spike, liquidations can come extremely fast.
🧠 Why are Big Cake and mainstream assets the worst-hit liquidation zones?
Many people think playing altcoins is risky, but looking at liquidation data, Big Cake is actually where the most funds are harvested.
The temptation of high leverage: Mainstream coins (especially BTC), in traders’ eyes, are seen as “relatively stable.” This leads many to open extremely high leverage positions on Big Cake. Once a needle-like spike of a few hundred points hits, high-leverage positions can instantly go to zero.
A typical battlefield of double kills (both longs and shorts): Big Cake’s volatility directly determines overall market sentiment. Main players often use Big Cake’s sharp rallies and sell-offs—first blasting one side’s stop-loss orders, then reversing direction to harvest the other.
Liquidity trap: Although mainstream liquidity is the best, in extreme conditions liquidity can disappear instantly, causing massive slippage. Your stop-loss price might never even get filled, and you can be liquidated forcibly at a much worse price.
🛡️ Advice for players trading mainstream perpetuals
Looking at these full-screen liquidation stats for mainstream coins, we have to stay clear-headed: in this market, there are no absolutely safe coins—only absolutely safe positions.
Don’t blindly trust mainstream: Don’t think trading BTC/ETH means you don’t need stop-losses. In the face of liquidation data, all traders are equal.
Hopefully this $600 million tuition fee paid today isn’t for nothing.
