๐ฃ $732 million disappeared in a day. Who became the next victim?
โWhile traders argue, "Will BTC drop to 15K?", the market has already dealt with long positions worth hundreds of millions.
โธป
๐ What happened?
๐ธ In the last 24 hours, the following was liquidated:
โข $732 million in crypto positions
โข Of which over $600 million are long positions
โข Over 213,000 traders were affected
โธป
๐ฅ The largest losses:
Asset Liquidations (longs)
BTC - $140 million
ETH - $105-152 million
XRP - $82-112 million
๐ BTC sharply dropped from $120K to ~$115K
๐ Mass stop losses triggered a chain sell-off
๐ Many over-leveraged and paid the price
โธป
๐ง Why is this important?
โข Liquidations are an indicator of market overheating
โข Such sell-offs often occur before reversals
โข Smart Money enters when the crowd is flushed out with leverage
โธป
๐ฌ Conclusion:
The market is cleaning out weak hands. Are you ready for the next step?
Write in the comments:
Did you survive this drop or were you also shaved?
๐๐๐
#CryptoLiquidations #bitcoindump #LeverageFlush #cryptocrash #BinanceSquare $BTC $ETH $XRP