📉 Counter-indicator in action: James Wynn caught total liquidations in crypto and S&P500
Blockchain monitoring recorded another rout of a well-known trader. His attempts to simultaneously trade against the trend across different asset classes ended in a cascading margin call.
Impact.
Fresh data blocks showed forced liquidations on the player's account. The platform's trading engine closed his positions in zero on the memecoin CASHCAT and the S&P500 index.
Crash.
The trader shorted S&P500 ahead of the market, but the momentum burned the orders in volumes of 11.83 and 9.02 contracts.
Local losses on individual trades amounted to 3 254 and 1 501 dollars.
Marker.
This player's margin burn once again worked as the perfect counter-signal. Market makers collected liquidity from the overleveraged account, clearing the order books of inefficient capital.
Wallet: 0x5078C2fBea2b2aD61bc840BC023E35Fce56BeDb6.
Trading at the tops with high leverage turned the investor's balance into fuel for the market.
$BTC
Subscribe to the channel to be the first to see the crash of major on-chain market players! 🚀
#Bitcoin #CASHCAT #SP500 #Hyperliquid #Liquidation #JamesWynn #BinanceSquare
Blockchain monitoring recorded another rout of a well-known trader. His attempts to simultaneously trade against the trend across different asset classes ended in a cascading margin call.
Impact.
Fresh data blocks showed forced liquidations on the player's account. The platform's trading engine closed his positions in zero on the memecoin CASHCAT and the S&P500 index.
Crash.
The trader shorted S&P500 ahead of the market, but the momentum burned the orders in volumes of 11.83 and 9.02 contracts.
Local losses on individual trades amounted to 3 254 and 1 501 dollars.
Marker.
This player's margin burn once again worked as the perfect counter-signal. Market makers collected liquidity from the overleveraged account, clearing the order books of inefficient capital.
Wallet: 0x5078C2fBea2b2aD61bc840BC023E35Fce56BeDb6.
Trading at the tops with high leverage turned the investor's balance into fuel for the market.
$BTC
Subscribe to the channel to be the first to see the crash of major on-chain market players! 🚀
#Bitcoin #CASHCAT #SP500 #Hyperliquid #Liquidation #JamesWynn #BinanceSquare
