Objectively speaking, when I saw the stats showing $4.72 million liquidated over the past 4 hours, my first thought wasn’t to wonder which side got liquidated more—I was just relieved that I’ve only been using low leverage lately.
Both sides got liquidated this time, with the biggest concentration at $MAGIC . With futures, surviving is harder than making a quick profit.

#MAGIC

This isn’t a recommendation. Make your own decisions.