$740M liquidated in 1 hour.
That's not a dip. That's a massacre.
Leverage got absolutely rekt. Longs wiped, shorts squeezed, exchange order books looking like a warzone.
If you survived this, you're either lucky or actually know what you're doing. Most didn't.
This is what happens when everyone's overleveraged and nobody respects volatility. Market doesn't care about your 50x position or your hopium.
Stay liquid. Stay sharp. The next move is going to be violent.
That's not a dip. That's a massacre.
Leverage got absolutely rekt. Longs wiped, shorts squeezed, exchange order books looking like a warzone.
If you survived this, you're either lucky or actually know what you're doing. Most didn't.
This is what happens when everyone's overleveraged and nobody respects volatility. Market doesn't care about your 50x position or your hopium.
Stay liquid. Stay sharp. The next move is going to be violent.
