The flush is getting bigger. Since our 00:11 UTC alert, the 60 minute tally of positions closed by force across the major venues has gone from $63.0M to $179.5M, spread over 832 coins. $133.7M of it landed in the last 30 minutes.
Almost all of it was traders betting on a rise. Long positions lost $175.8M against $3.7M of shorts. $BTC longs took $76.2M and $ETH longs $41.9M.
The largest single closure was a $9.2M Ether long on Binance at 00:18 UTC. Bitcoin trades at $77.4K, -4.7% over 24 hours, with a session low of $77.1K. Ether is down -5.77%.
Almost all of it was traders betting on a rise. Long positions lost $175.8M against $3.7M of shorts. $BTC longs took $76.2M and $ETH longs $41.9M.
The largest single closure was a $9.2M Ether long on Binance at 00:18 UTC. Bitcoin trades at $77.4K, -4.7% over 24 hours, with a session low of $77.1K. Ether is down -5.77%.
