Bottom line first: in this hour’s TradFi liquidations, 96% were shorts, and commodities and index positions were almost completely wiped out.

Sandisk (SNDK) surged about 10% in the past hour, Micron (MU) followed with a nearly 4% gain, and the data from Binance and OKX matched. As prices pushed higher, shorts naturally couldn’t hold on; this round of pain was complete: shorts accounted for 100% of liquidations in commodities, 100% in indices, and 94% in stocks.

In the past hour, $74,000 was wiped out across the entire network, with 36 of the 47 trades in stocks, 8 in commodities, and 2 in indices. There were basically no survivors among short positions in that hour.

$BTC

#爆仓数据 #US stocks

How many of those still shorting can hold up?

View in real time: https://www.coinboss.com/tradfi-liquidations