Analysis: The actual liquidation amount in the market may exceed 40 billion USD, with nearly 7 billion USD in liquidations from Hyperliquid alone

2025-10-11 08:41:47

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ChainCatcher message, on-chain data analyst MLM posted on X stating that the circulating liquidation figures in the market are incorrect, and the actual numbers could be much higher, in the range of $30-40 billion or even more. Just on Hyperliquid, nearly $7 billion has been liquidated.

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