👑🚨 BINANCE BUY THE DIP !! THEY SAID , "THE MARKET HAD OTHER PLANS" .
Crypto traders went dip-buying…
Some came back with profits.
Others came back with a liquidation notification. 🤡
During the November 8–9 sell-off, the crypto market saw:
💥 $1.15 BILLION+ in leveraged positions liquidated within 24 hours.
📉 Around $1.04 BILLION came from LONG positions.
👀 Approximately 167,764 traders were liquidated.
⚠️ Ethereum traders alone accounted for over $500 MILLION in liquidations.
And Bitcoin briefly slipped below $74,000.
Here's the painful part…
Many traders were positioned for a bounce. Instead, falling prices forced exchanges to close positions as traders ran out of margin — adding more selling pressure.
MARKETLENS TAKE: The dip isn't always the biggest danger. Sometimes, it's the leverage you bring into it.
Spot traders can choose when to exit. Leveraged traders don't always get that choice. 💀
👇 Be honest…
Have you ever been liquidated, or are you one of those “I never use too much leverage” traders? 😂
#MarketLens #BTC #Ethereum #NewsAboutCrypto #crypto
$BTC
$ETH
Crypto traders went dip-buying…
Some came back with profits.
Others came back with a liquidation notification. 🤡
During the November 8–9 sell-off, the crypto market saw:
💥 $1.15 BILLION+ in leveraged positions liquidated within 24 hours.
📉 Around $1.04 BILLION came from LONG positions.
👀 Approximately 167,764 traders were liquidated.
⚠️ Ethereum traders alone accounted for over $500 MILLION in liquidations.
And Bitcoin briefly slipped below $74,000.
Here's the painful part…
Many traders were positioned for a bounce. Instead, falling prices forced exchanges to close positions as traders ran out of margin — adding more selling pressure.
MARKETLENS TAKE: The dip isn't always the biggest danger. Sometimes, it's the leverage you bring into it.
Spot traders can choose when to exit. Leveraged traders don't always get that choice. 💀
👇 Be honest…
Have you ever been liquidated, or are you one of those “I never use too much leverage” traders? 😂
#MarketLens #BTC #Ethereum #NewsAboutCrypto #crypto
$BTC
$ETH
