[Block Rhythm] Just within the last hour, the market saw another bloodbath. According to on-chain data, this round of harvesting is set at 153 million USD—almost all the brothers who went long were wiped out, with losses reaching 148 million, while short positions were only hit back for 4.29 million. The difference in the Long-Short Ratio is quite brutal, it seems many people bet on the wrong direction in this wave of market, and the hard days for leveraged players are still continuing. That's how the market is, a fluctuation can instantly evaporate account numbers.
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CoconutWaterBoy
· 16h ago
Here we go again, 153 million in one hour, whose blood is it this time?
Leverage is really playing with fire, account evaporation in an instant is the norm.
Getting liquidated for 153 million... just looking at the number hurts, long positions are indeed suffering this time.
I dare not add leverage, timid but alive, haha.
That's why I only do spot trading, leverage is a death knell.
153 million USD just vanished like that, fortunately, I didn't enter a position.
One hour of bloodbath... this market is really exhilarating, who can withstand it.
With such a disparity in the long-short ratio, it should have rebounded long ago, feels like there's a story behind it.
Never bet against the market, the market will never lose.
It's hard to watch in such a market situation, why bother struggling?
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BearMarketHustler
· 19h ago
Here we go again, is it the long positions getting slaughtered this time? I have long said not to follow the trend and leverage, and now it’s gone, 153 million just like that.
My God, 153 million got liquidated in one hour, how many people will have to eat the northwest wind?
I just want to know how those who went all in on long positions are doing now, has their account dropped to zero?
Short positions just made a bit of pocket change, while long positions were completely wiped out, the ratio is absurd.
Still going to leverage? I’m just here to watch the show this time, surviving is winning.
The market really is a moment of paradise and hell, I’ll just stick to moving bricks for stability.
This is why I never chase the price, being a bit cowardly helps you live longer.
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StableNomad
· 12-01 13:58
1.53 million Get Liquidated, yet again a nightmare for leveraged players. Statistically speaking, this kind of one-sided slaughter has always been a signal of a Liquidity Trap. Reminds me of that time with UST, smart money had already exited.
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LayerZeroHero
· 12-01 13:52
Here it comes again, this time I've been played for suckers... Leverage really is a machine for playing people for suckers.
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NFTArtisanHQ
· 12-01 13:51
ngl the asymmetry here is almost poetic... 153M liquidated in an hour feels less like market mechanics and more like a demonstration of power dynamics through tokenomics
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APY_Chaser
· 12-01 13:47
Here we go again, is it this trap again? Long positions really need to learn about stop loss.
$153 million Get Liquidated in one hour! long positions suffer heavy losses
[Block Rhythm] Just within the last hour, the market saw another bloodbath. According to on-chain data, this round of harvesting is set at 153 million USD—almost all the brothers who went long were wiped out, with losses reaching 148 million, while short positions were only hit back for 4.29 million. The difference in the Long-Short Ratio is quite brutal, it seems many people bet on the wrong direction in this wave of market, and the hard days for leveraged players are still continuing. That's how the market is, a fluctuation can instantly evaporate account numbers.