$639M in longs got absolutely rekt in 24hrs
Most of the carnage happened overnight when $BTC knifed from $85.5k → $83.5k
Then another leg down sub-$83k piled on even more liquidations
Overleveraged bulls got flushed. This is what happens when everyone's long at resistance.
Most of the carnage happened overnight when $BTC knifed from $85.5k → $83.5k
Then another leg down sub-$83k piled on even more liquidations
Overleveraged bulls got flushed. This is what happens when everyone's long at resistance.