🩸 $434M LIQUIDATED IN 24H. BTC TOUCHED $84.9K, THEN DUMPED
$BTC did a full round trip and burned both sides:
→ High near $84,898, then a slide back to ~$81.8K
→ $264M in longs vs $170M in shorts wiped (CoinGlass)
→ In the last 12h, longs were $204M of the $217M liquidated
→ $166M of the total was BTC alone
Shorts got squeezed on the way up, and longs paid on the way down. That's a leverage flush, not a trend.
Are you buying this dip or waiting for lower? 👇
#BTC #Liquidations #CryptoMarket #MarketUpdate
$BTC did a full round trip and burned both sides:
→ High near $84,898, then a slide back to ~$81.8K
→ $264M in longs vs $170M in shorts wiped (CoinGlass)
→ In the last 12h, longs were $204M of the $217M liquidated
→ $166M of the total was BTC alone
Shorts got squeezed on the way up, and longs paid on the way down. That's a leverage flush, not a trend.
Are you buying this dip or waiting for lower? 👇
#BTC #Liquidations #CryptoMarket #MarketUpdate