We have to talk about this, right?
$49.69 million liquidated in 1 hour! Long traders took heavy losses, accounting for 94.6% 😭
The biggest liquidation was in $BTC : $35.4 million
Were you caught in it? Check in safely in the comments 🙋
Changes in open interest can show whether this move was driven by real money or leverage.

#BTC

Data is from public sources. Please verify it yourself.