There are too many short positions
With such a big rise, it's not really the fault of the market makers—it's only because there are too many “shorts”
In the entire crypto market, $1 billion was liquidated; short positions accounted for 86% of the liquidations
Among them, the most representative is BTC: total liquidations of $600 million; short liquidations made up 5.44/6=90.6% $BTC
With such a big rise, it's not really the fault of the market makers—it's only because there are too many “shorts”
In the entire crypto market, $1 billion was liquidated; short positions accounted for 86% of the liquidations
Among them, the most representative is BTC: total liquidations of $600 million; short liquidations made up 5.44/6=90.6% $BTC
