Massive wipeout day in crypto.
By Maxime Laurent · 2025-09-22 08:17
Massive wipeout day in crypto. 💀
In just 24 hours, 402,866 traders were liquidated — total losses hitting $1.7B. Out of that, $1.62B came from longs getting crushed, while shorts only gave back about $83M. The biggest single hit? A poor soul on OKX in $BTC/USDT/SWAP — liquidated for $12.74M. Brutal. 😭
Days like this remind me: the market is merciless. It doesn’t care about hopes or tweets, only about liquidity. When the cascade starts, it’s like dominos falling faster than you can blink.
Mon conseil: protect yourself. Don’t overleverage, use stop-losses, and don’t let emotions trade for you. Missing one pump hurts less than being wiped out in a dump.
#Bitcoin #BTC #Crypto #Liquidations #RiskManagement #OKX #Markets
In just 24 hours, 402,866 traders were liquidated — total losses hitting $1.7B. Out of that, $1.62B came from longs getting crushed, while shorts only gave back about $83M. The biggest single hit? A poor soul on OKX in $BTC/USDT/SWAP — liquidated for $12.74M. Brutal. 😭
Days like this remind me: the market is merciless. It doesn’t care about hopes or tweets, only about liquidity. When the cascade starts, it’s like dominos falling faster than you can blink.
Mon conseil: protect yourself. Don’t overleverage, use stop-losses, and don’t let emotions trade for you. Missing one pump hurts less than being wiped out in a dump.
#Bitcoin #BTC #Crypto #Liquidations #RiskManagement #OKX #Markets
Disclaimer: This content is for informational purposes only and not financial advice.