LONGS JUST GOT OBLITERATED.
$361M liquidated in 24h.
84% of it longs.
$ETH
led the slaughter with ~$91M wiped.
$SOL crashed toward $104 as another $12M+ in longs got force-closed.
Binance ate the majority of the volume.
Leverage doesn’t care about your thesis.
It only cares about your margin.