This move is wild!
$2.49 million in liquidations in just 1 hour! Shorts got squeezed hard, while longs accounted for only 10.3% 😭
The hardest hit was $BTC : $1 million
Are you in it? Check in in the comments 🙋
When liquidations are concentrated on one side, leverage on that side has only been partially flushed out.
#BTC
Just my personal take—it may not be accurate, so take it with a grain of salt.
$2.49 million in liquidations in just 1 hour! Shorts got squeezed hard, while longs accounted for only 10.3% 😭
The hardest hit was $BTC : $1 million
Are you in it? Check in in the comments 🙋
When liquidations are concentrated on one side, leverage on that side has only been partially flushed out.
#BTC
Just my personal take—it may not be accurate, so take it with a grain of salt.