2025-12-26 16:20:54

昨天行情波动引发了一场清算风暴。整个市场24小时内被强平了2.58亿美元的杠杆头寸，其中多头损失1.55亿，空头1.03亿。从数据看，多头的出血量明显更大，这说明整个市场承压状态比较明显。

最扎眼的还是在Hyperliquid上发生的单笔爆仓。一个BTC-USD合约头寸被直接清掉，规模达到1414.12万美元。这个数字说明什么？说明虽然传统大交易所的流量还算稳定，但大资金现在越来越倾向于去Hyperliquid这类高性能DEX里玩高杠杆，风险也就相应放大了。

从交易员数量看，这一波清算波及了全球近9.5万名交易员。特别是在圣诞节过后这种清淡交易日子里，清算规模能这么大，足以说明市场的敏感程度有多高。一点点的抛压就能引发多米诺骨牌效应，小散和大户都没办法幸免。

BTC0,35%

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ForumMiningMaster

· 12-26 16:50

Oh my god, 258 million just disappeared, the bulls are bleeding profusely this time. Hyperliquid's 14 million liquidation, this is the consequence of playing with fire. 95,000 people sacrificed, I just want to know who profited. High leverage on DEX is indeed exciting, but liquidation is even more satisfying, right? Still playing with high multiples on Christmas, this guy is really a brave warrior. A little selling pressure causes a collapse, the market is incredibly fragile. Looking at these data, the bulls bought the dip at the top, it's hilarious.

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quietly_staking

· 12-26 16:41

Ha, it's another bloody storm Hyperliquid's big order was incredible, losing 14.14 million directly With so much long-side bleeding, no wonder the market feels like it's screaming

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LiquidityWitch

· 12-26 16:34

258 million USD just gone, truly incredible That 14.14 million liquidation on Hyperliquid is hilarious, big players playing with fire 95,000 people sacrificed, still hoping to trade well after Christmas? Dreaming Bullish traders lost 155 million, this market is just bloodsucking Leverage DEX is really a magnifying glass, risk skyrocketing A little fluctuation and it crashes, who dares to hold heavy positions anymore A calm market can still bring such a huge storm, unbelievable

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BearMarketGardener

· 12-26 16:34

95,000 people cleared out, this is the current state of DEX Bullish traders are bleeding the most, indicating everyone is still betting on a rise, but they got crushed Hyperliquid's 14.14 million explosion order was just asking for high leverage to be played Even on Christmas, people are still getting cut, is the market this turbulent? Any slight wind or disturbance causes a collapse, no wonder I only dare to farm now

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GasFeeBeggar

· 12-26 16:33

Oh no, here we go again… High leverage on DEX is really the best tool for cutting leeks --- 14.14 million gone, just like that. Is Hyperliquid helping to "liquidate"? --- 90,000 people liquidated together, that number sounds unbelievable --- Long positions are bleeding heavily, but short positions aren’t doing much better. Anyway, it’s all about being harvested --- They haven’t even finished Christmas, and they’re already starting to settle accounts. Is the market in such a rush? --- Big funds are moving to DEX to play with high leverage, while retail investors are still getting slaughtered on centralized exchanges. Perfect food chain --- Over 200 million in liquidation scale, I ask you, do you dare to check your account balance? --- Easy to say, but when it comes to actual operation, a single slippage could just send you away --- Hyperliquid has done it again, another story of a millionaire turning into a debtor

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PoolJumper

· 12-26 16:22

Oh my god, $258 million evaporated directly. How many people went bankrupt? Hyperliquid's single liquidation of $14 million was incredible. Who's so fierce? 9,500 traders sacrificed. I calculated how much money I lost. Moving large funds to DEX is playing with fire. The higher the leverage, the faster you die. Before Christmas even passed, it was wiped out. This market is truly incredible. The bulls are bleeding so much; it seems it will continue to fall later. High leverage on DEX is really not for humans to handle. It all depends on who has better luck. A little selling pressure causes a collapse. This market is overly fragile.

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