Today’s most eye-catching on the liquidation board isn’t the drop—it’s Bitcoin’s shorts.
In 12.9 billion dollars worth of liquidations over 4 hours ($BTC 24), shorts alone coughed up 845 million, while longs only put up 449 million. This move isn’t about getting would-be chasers to get cut—it’s about forcing a squeeze. Bitcoin is stubbornly holding above 77,000; the more the shorts hold out, the more it hurts, until they end up lining up to hand over money.
Ethereum (second token, $ETH ) doesn’t fare any better either: 114 million dollars liquidated. Longs and shorts are almost 50/50, with both sides locked in a dead struggle around 2,440.
The ones actually getting liquidated are in $BNB . Of 22 million liquidated, 20.4 million were longs, and only 1.66 million were shorts. SOL is the same story—longs were buried.
Bitcoin is forcing a squeeze, while the alts are cutting longs. Leveraged capital is getting sliced cleanly into two halves.
If you bet on the wrong direction, you get hit on both sides. With this squeeze rhythm, both those who chase shorts and those who chase highs feel miserable. If you dare to follow, first make sure you understand which side you’re on. #爆仓 #比特币 #cryptocurrency
In 12.9 billion dollars worth of liquidations over 4 hours ($BTC 24), shorts alone coughed up 845 million, while longs only put up 449 million. This move isn’t about getting would-be chasers to get cut—it’s about forcing a squeeze. Bitcoin is stubbornly holding above 77,000; the more the shorts hold out, the more it hurts, until they end up lining up to hand over money.
Ethereum (second token, $ETH ) doesn’t fare any better either: 114 million dollars liquidated. Longs and shorts are almost 50/50, with both sides locked in a dead struggle around 2,440.
The ones actually getting liquidated are in $BNB . Of 22 million liquidated, 20.4 million were longs, and only 1.66 million were shorts. SOL is the same story—longs were buried.
Bitcoin is forcing a squeeze, while the alts are cutting longs. Leveraged capital is getting sliced cleanly into two halves.
If you bet on the wrong direction, you get hit on both sides. With this squeeze rhythm, both those who chase shorts and those who chase highs feel miserable. If you dare to follow, first make sure you understand which side you’re on. #爆仓 #比特币 #cryptocurrency