LONGS JUST GOT DELETED.
$1B+ wiped in 24h. About 90% of it was bullish bets.
$ETH led the pain — under $2,500, down ~5%, hundreds of millions in forced closes. $BTC sliced the $81K wall and is hovering near $80.5K. $SOL slipped under $110 in the same flush.
Binance took the biggest share of the blood. One ETH whale still got tagged for tens of millions and kept residual longs.
This is a leverage reset, not a new narrative. Fed minutes stayed restrictive. Spot demand is thin. Clusters still sit near $79.7K below and $87.5K above.
Chase the bounce and you are the next candle.
$1B+ wiped in 24h. About 90% of it was bullish bets.
$ETH led the pain — under $2,500, down ~5%, hundreds of millions in forced closes. $BTC sliced the $81K wall and is hovering near $80.5K. $SOL slipped under $110 in the same flush.
Binance took the biggest share of the blood. One ETH whale still got tagged for tens of millions and kept residual longs.
This is a leverage reset, not a new narrative. Fed minutes stayed restrictive. Spot demand is thin. Clusters still sit near $79.7K below and $87.5K above.
Chase the bounce and you are the next candle.