$600 million was liquidated in just 2 hours. The largest single liquidation was a $26.4 million ETH long position on Binance, wiped out in an instant.
But keep in mind: these concentrated long liquidations are often a shakeout by major players using a price drop. When sentiment hits rock bottom, a turning point may not be far away. The more brutal the liquidation, the more it hurts shorts when the market bounces. Don’t hand over your coins at the bottom.
$BTC #爆仓 #ETH
But keep in mind: these concentrated long liquidations are often a shakeout by major players using a price drop. When sentiment hits rock bottom, a turning point may not be far away. The more brutal the liquidation, the more it hurts shorts when the market bounces. Don’t hand over your coins at the bottom.
$BTC #爆仓 #ETH
