THE LONGS JUST GOT HUNTED — AGAIN.
Over $500–700M flushed in the last 24h.
80%+ of it was leveraged longs.
$BTC holding near $80.5K while $ETH and $SOL lag harder.
Funding still mildly positive on the majors.
Does a leverage flush clean the board for a bounce, or does it just expose how thin spot demand still is ahead of the Fed?
Tip: What does persistently positive funding after a long-heavy flush actually reveal about remaining positioning and how might that shape the next 24–48 hours?