Six traders were liquidated with over $10 million, BTC short positions become the main casualties

【Blockchain Rhythm】On January 14th, the market experienced a sharp rebound. According to on-chain monitoring data, a well-known leverage trading platform experienced a series of large liquidation events, with six traders losing a total of over $10 million due to misjudgment of their position directions.

Specifically, four traders were liquidated for shorting Bitcoin, losing $5.8227 million, $1.3937 million, $1.294 million, and $1.4531 million respectively. Another trader was liquidated on an Ethereum short position, losing $2.4714 million. Additionally, one trader was forcibly liquidated for shorting Solana, with a loss of $4.7641 million.

Looking at the distribution of liquidations, BTC short positions were the main victims in this rebound, accounting for the largest proportion. The market rebound was so rapid that it clearly exceeded the risk management expectations of many short traders. These large liquidation events also serve as a reminder to investors that in the highly volatile crypto market, leverage trading should be approached with caution, and risk management is crucial.

BTC3,2%
ETH5,13%
SOL1,72%
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GasFeeBarbecuevip
· 7h ago
The bears were brutally taught a lesson again, losing over 10 million. The rebound strength directly stunned people. Leverage is really something—predict the wrong direction, and your health bar gets deducted. BTC short positions make up the majority; this time, the bears indeed misjudged. Why insist on going against the market? The rebound is so fierce, yet they stubbornly hold onto their shorts. A single explosion of 5.82 million—how painful that must be. Seeing others get liquidated makes me feel relieved; it means I’m still alive.
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NFT_Therapyvip
· 7h ago
Shorts really caught me off guard this time, the rebound came back so fiercely... Shorting BTC was the worst, directly losing over 10 million... Leverage is something you really need to use cautiously, or else you'll become someone else's ATM. Friends who are bullish on ETH and SOL, are you making a killing this round? Risk management? What's that, haha
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liquidation_surfervip
· 8h ago
The nightmare of short sellers, over 10 million just gone, I really can't hold it together --- Leverage again, short selling again, it's always the same routine. When will they finally learn? --- BTC's rebound this time is too fierce, short positions were directly slaughtered, it hurts to watch --- 58.2 million liquidation... this guy probably can't sleep well, leverage is truly a double-edged sword --- Every time they say risk control is important, but some still suffer heavy losses. Can't learn from it, everyone --- Ethereum also got caught in the chaos. It seems no one can escape this rebound, the shorts are completely desperate --- 10 million USD... if it were me, I would have gone bankrupt and run away long ago. These traders have really strong mental resilience --- How did you open that Solana position? 4.76 million just gone like that, oh my god --- This is the real face of leveraged trading. When you make money, it's exhilarating; when you lose money, life feels worse than death --- Liquidation of short positions is too common, but the number still shocks people when it comes out. 10 million, bro
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FomoAnxietyvip
· 8h ago
The shorts got wiped out again, this time nearly ten million dollars just gone like that. BTC's rebound was really sudden and unexpected; almost all the short positions got wrecked. Risk management? Haha, it seems just for show. Over ten million dollars evaporated—brutally speaking, that's the cost of gambling. Contracts, this thing, can wipe out your dreams in an instant.
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