Things you should know about crypto Day 5
Leverage can turn a normal Bitcoin move into a liquidation cascade
BTC moved from around 69K toward 79K liquidating over 4B in shorts then another 100M in longs when it dropped back below 76K
The lesson
Leverage can turn a small move into a massive loss when positions get crowded
Trade carefully and always know your liquidation risk
$BTC
Leverage can turn a normal Bitcoin move into a liquidation cascade
BTC moved from around 69K toward 79K liquidating over 4B in shorts then another 100M in longs when it dropped back below 76K
The lesson
Leverage can turn a small move into a massive loss when positions get crowded
Trade carefully and always know your liquidation risk
$BTC

