A massive $124 million in short positions got liquidated across the crypto market within just one hour. That's a significant move—when this much leverage unwinds this fast, it typically signals sharp price swings and can trigger cascading liquidations. For traders watching the action, these sudden clearouts often mark key turning points in the market cycle. Short squeezes like this reshape sentiment quickly and can shift momentum in the crypto market dramatically.
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ForkLibertarian
· 13h ago
1. 120 million in one hour, everything is exploding, shorts have no way out... This wave is indeed fierce.
2. Short-term looks great, but there will definitely be a bunch of chasing highs getting cut later.
3. The hellish time for leverage traders, liquidation is exhilarating but lying in the cremation ground.
4. That’s why I don’t touch leverage, it’s too刺激 to handle.
5. The moment emotions reverse, retail investors and rookie traders are still dreaming.
6. Chain reactions of liquidation, this shows that market liquidity indeed has issues.
7. Short contract explosions = the next long position death, just a cycle repeating.
8. Just looked at the order book, although this wave’s increase is fierce, the trading volume seems a bit虚.
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AirdropHunter420
· 13h ago
1. 1.2 billion dollars liquidated within an hour, this wave of shorts is really ruthless
2. That's why I say don't be greedy with leverage, you'll get crushed by the opposite side
3. Another feast, I wonder who got cut
4. A short-term rebound is coming, shorts are doomed
5. Damn it, why hasn't my stop-loss order been executed
6. 124 million in one hour, now that's real volatility
7. Retail investors are being cut again by the opposite side, same old story
8. Looks like a bottom signal, is it time to go all in?
9. Still playing with leverage despite liquidity drying up, serves you right
10. During times like these, chain liquidations are most likely to happen, be careful
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ImpermanentTherapist
· 13h ago
1.24 billion liquidated in one hour, this is why I love crypto, it's thrilling.
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DefiEngineerJack
· 13h ago
well, *actually* if you look at the liquidation mechanics on-chain, $124M unwinding in an hour isn't even that non-trivial tbh. the real question is whether this was systematic deleveraging or just some overleveraged degens getting rekt. formal verification would've prevented half these positions lmao
A massive $124 million in short positions got liquidated across the crypto market within just one hour. That's a significant move—when this much leverage unwinds this fast, it typically signals sharp price swings and can trigger cascading liquidations. For traders watching the action, these sudden clearouts often mark key turning points in the market cycle. Short squeezes like this reshape sentiment quickly and can shift momentum in the crypto market dramatically.