$BTC just nuked $778M in longs in 24h
$719M in 12h
$534M in 4h
Drop below $81k = -3% daily bloodbath
Leverage got absolutely wrecked. Classic cascading liq event when everyone's positioned the same way.
If you're still longing into this, you're exit liquidity.
$719M in 12h
$534M in 4h
Drop below $81k = -3% daily bloodbath
Leverage got absolutely wrecked. Classic cascading liq event when everyone's positioned the same way.
If you're still longing into this, you're exit liquidity.