$1.25 BILLION IN LONGS JUST GOT VAPORIZED
Nasdaq puked. Crypto followed the blood trail.
24h liquidations hit $1.25B. 89% were longs.
Cryptotimes
$ETH -8%. $SOL -7%. Leverage dies first when risk-off hits.
Funding still positive. Longs still paying to stay alive.
Who gets cleaned next if the flush isn’t over?
What does a still-positive funding rate after an 89% long-liquidation flush actually tell you about remaining positioning?
Nasdaq puked. Crypto followed the blood trail.
24h liquidations hit $1.25B. 89% were longs.
Cryptotimes
$ETH -8%. $SOL -7%. Leverage dies first when risk-off hits.
Funding still positive. Longs still paying to stay alive.
Who gets cleaned next if the flush isn’t over?
What does a still-positive funding rate after an 89% long-liquidation flush actually tell you about remaining positioning?
