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

Oct 11, 2025 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 dollars or even more. Just on Hyperliquid, nearly 7 billion dollars have been liquidated.

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