LONGS GOT HUNTED.
~$700M liquidated in 24h. Longs took ~$650M of it. 120k+ accounts wiped.
ETH led the slaughter — about $236M. Biggest single print: $26.6M on Binance ETHUSDC.
Tape right now:
BTC ~$82.7K (tagged $82.8K)
ETH ~$2,560 — $2,600 is gone
SOL ~$115, down ~3%
A 98k ETH whale long (~$252M) is on the liquidation radar. Oil spike + bond yields did the macro damage. Funding on majors flipped soft to negative. Leverage got rinsed. “Uptober” is on ice until bids show up.
Lose $2,500 on ETH and this flush is not finished.
$ETH $BTC $SOL
~$700M liquidated in 24h. Longs took ~$650M of it. 120k+ accounts wiped.
ETH led the slaughter — about $236M. Biggest single print: $26.6M on Binance ETHUSDC.
Tape right now:
BTC ~$82.7K (tagged $82.8K)
ETH ~$2,560 — $2,600 is gone
SOL ~$115, down ~3%
A 98k ETH whale long (~$252M) is on the liquidation radar. Oil spike + bond yields did the macro damage. Funding on majors flipped soft to negative. Leverage got rinsed. “Uptober” is on ice until bids show up.
Lose $2,500 on ETH and this flush is not finished.
$ETH $BTC $SOL