⚡ REKT: Over $1B liquidated in 24 hours.
Last time we saw this? Almost exactly one year ago.
Coincidence? Probably not.
Leverage got flushed. Degen longs got nuked. Same playbook, different year.
If you're still overleveraged in this chop, you're ngmi. Market's shaking out weak hands before the next leg.
Stay liquid. Watch the funding rates. Don't be exit liquidity.
Last time we saw this? Almost exactly one year ago.
Coincidence? Probably not.
Leverage got flushed. Degen longs got nuked. Same playbook, different year.
If you're still overleveraged in this chop, you're ngmi. Market's shaking out weak hands before the next leg.
Stay liquid. Watch the funding rates. Don't be exit liquidity.