Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
:
💥 Total liquidations: $333 million
🔴 Long positions wiped: $327 million
⚡ ETH liquidations: $138 million
🟠 BTC liquidations: $74.6 million
📉 What does this mean?
This massive long liquidation suggests that many traders were overconfident on bullish positions, and the sudden price drop triggered stop-outs across the market. Such events often reset leverage and can lead to short-term volatility or even a potential bounce after weak hands are flushed out.
🧠 Trader Insight:
High liquidations = risk management failure.
Smart traders wait for confirmation, not hype.
⚠️ Trade safe. Use proper stop-loss. Leverage responsibly.
#CryptoNews #Bitcoin #Ethereum #Liquidation