14 hours, 4 liquidations, and 375.8 BTC shorts liquidated.
PANews September 22日消息, according to Lookonchain monitoring, as BTC rose, trader 0xc3ed suffered 4 liquidations in just 14 hours. In total, 375.8 BTC (worth $32.55 million) in short positions were liquidated.
With prices moving upward on one side and shorts continuously under pressure on the other; for highly leveraged positions, once the rhythm is disrupted, pullbacks can come very quickly. Are you more focused on BTC continuing its surge, or will the shorts be forced to reduce leverage first?
Figure 1: A trader experienced 4 liquidations within 14 hours, and 375.8 BTC shorts were liquidated · Source: a partial screenshot of the page
Image source: https://www.panewslab.com/zh/articles/01a0c6d9-cc0b-7418-ae62-39a367a4f0fb
PANews September 22日消息, according to Lookonchain monitoring, as BTC rose, trader 0xc3ed suffered 4 liquidations in just 14 hours. In total, 375.8 BTC (worth $32.55 million) in short positions were liquidated.
With prices moving upward on one side and shorts continuously under pressure on the other; for highly leveraged positions, once the rhythm is disrupted, pullbacks can come very quickly. Are you more focused on BTC continuing its surge, or will the shorts be forced to reduce leverage first?
Figure 1: A trader experienced 4 liquidations within 14 hours, and 375.8 BTC shorts were liquidated · Source: a partial screenshot of the page
Image source: https://www.panewslab.com/zh/articles/01a0c6d9-cc0b-7418-ae62-39a367a4f0fb
