· The entire network saw liquidations of approximately $172 million to $190 million in the past 24 hours, with long positions still dominating. Among these, long liquidations were about $114 million, and short liquidations about $58 million; another metric shows longs at $84.23 million and shorts at $106 million.
· The number of liquidated accounts was about 108,000, with the largest single liquidation occurring on Hyperliquid's XPL-USD, valued at $1.6748 million.
· BTC long liquidations were about $14.05 million, ETH long liquidations about $16.03 million.
Position structure: The previous divergence pattern between retail investors and whales remains unchanged. Binance retail users' 30-day BTC deposits remain high at $10.75 billion, whale inflows maintain a low level of $3.8 billion, and whale BTC positions on Hyperliquid remain net short.
Strategy adjustment: Liquidation scale has sharply dropped from $1.5 billion to below $200 million, indicating the peak of panic deleveraging has passed, but longs still dominate, meaning downside risk is not fully cleared. Positions remain controlled below 20%. If BTC tests the $74,000-$76,000 range, small positions can be added on dips, but further clarity on the hacker incident is needed. Stop-loss discipline remains unchanged: a hard stop-loss of 3%-5% for mainstream coins, and profits exceeding 10% should be moved to the cost line. Idle funds stay in USDT; avoid high-leverage contracts and altcoins with poor liquidity. #美联储官员释放加息信号，12月预期仍存分歧
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