Get Liquidated 218 million in 1 hour! Did the longs collectively "stand guard" today?

Family, take a look at this wave of "bloodbath" in the crypto world! I just saw the data, in the past hour, the entire network got liquidated directly to 218 million USD, this money burns faster than a rocket. What's even more heartbreaking is that long positions got liquidated for 155 million, while short positions only amounted to 62.92 million, it's simply a one-sided "tribulation" for the long positions.

So yesterday's friends who shouted "To the Moon" are all quietly receiving the "Get Liquidated Comfort Package" today? Not long ago, they wanted to leverage 10 times to turn a bicycle into a motorcycle, but now they probably have to settle for a shared bicycle deposit. After all, leverage is like a "double-edged sword"; with 10x leverage, a 10% drop means losing everything. This is not investing; it's clearly playing a heart-pounding game.

Looking at this data, one can imagine the scene: some people stare at the candlestick chart, going from smiling to frozen, while others have just topped up their margin only to be force liquidated again. Veteran traders have long summed up the rules: "going all-in is handing out heads, maxing out leverage is looking for account closure." The market's long and short battle is like a war; when the whales make a move, retail investors have to follow suit and "cross the tribulation."

To be honest, don't just watch the excitement and feel sorry for others, you need to tighten your risk control. After all, in the crypto world, preserving your principal is more important than anything else. Don't wake up one day to find that "the price hasn't changed, but your positions are gone."