The crypto market just witnessed a massive shakeout. More than $370 million worth of long positions got wiped out within a single hour. Bitcoin and other digital assets saw heavy liquidations as traders betting on upward movement were caught off guard. This kind of rapid liquidation event typically signals intense volatility and potentially marks a shift in short-term market sentiment. When leverage gets flushed out this aggressively, it often creates opportunities for contrarian plays—though the immediate aftermath can be brutal for overleveraged bulls.

BTC-6.99%

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ser_ngmi

· 14h ago

Oh my, another round of slaughter, this time directly taking out 370 million? The leveraged players haven't even reacted before getting liquidated, it's really insane. The shorts must be laughing to death by now. The bottom signal is still a trap, anyway I have no money to buy the dip. Wait, is this a good time to buy the dip? ITMF am thinking too much again.

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FrogInTheWell

· 14h ago

370 million Get Liquidated, this is really brutal --- Another night of market action, long positions have been Clip Coupons again --- This is why I say leverage is a drug... --- Wow, the intensity of this cleaning, I’m glad I didn’t go all in --- Those people on the other side are going to buy the dip again, the same old routine --- The opportunity for Reverse operations has come, it just depends on who dares to catch a falling knife

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MetaverseHermit

· 14h ago

It's another episode of leverage Get Liquidated, $370 million just vanished, this is the crypto world.

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GateUser-cff9c776

· 14h ago

370 million directly evaporated, this is what we call Schrödinger's bull run, haha --- Leveraged liquidation perfectly illustrates the philosophy of Bear Market, it should hit hard if it has to --- From the supply-demand curve perspective, this wave of panic liquidation is actually an artistic representation of the bottom --- Once again a "even Buffett would say good" case study on the opposite side, how are the guys all in on leverage doing --- To be honest, this level of cleansing is the truest portrayal of the spirit of web3 Decentralization

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GasGasGasBro

· 14h ago

Damn, it's another wave of Be Played for Suckers feast.

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OnChainDetective

· 14h ago

$3.7 billion of unclear flow? I have tracked down three suspicious Wallet Addresses, with solid evidence on-chain.

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