sometimes, market moves to liquidate the traders. I've lost $516 on last Thursday for my short position. it was just a 2 second flick to the up and I got liquidated.
EyeOnChain
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Baissier
The Leverage Frenzy: $1.3 Billion Gone in a Day. In just 24 hours, the crypto market wiped out over $1.3 billion in long and short positions; a brutal reminder of how wild leverage trading has become. Traders are pushing the limits, stacking up leverage like it’s free money, only to watch it vanish in a blink when volatility hits. Every small price swing now feels like a liquidation tsunami. The question isn’t who got rekt anymore, it’s how much leverage people are actually taking to risk everything for a few extra percentage points. Because when the market breathes wrong, even 100x confidence turns into instant liquidation. SHARE your thoughts in comments. $BTC $ETH
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