Damn, $350 million in long positions wiped out in just 10 minutes 💥
At around 10:30 this morning, $BTC plunged below $81,000 in a massive red candle, while $ETH also fell below $2,400. In just 10 minutes, roughly $350 million worth of long positions were liquidated.
The bigger picture is even more painful: nearly $1 billion in leveraged positions were liquidated across the market over the past 24 hours. And this time, Ethereum longs took the hardest hit, with about $286 million in ETH liquidations—more than BTC's $197 million.
At the time of writing, BTC was trading around $81,100 on Binance spot, down about 2.7% over 24 hours, after hitting a low of $80,226. ETH was around $2,367, down more than 5%, after dipping to $2,318.
ETH falling harder than Bitcoin suggests that too many people were chasing longs with high leverage. In a wick-filled market like this, the biggest risk isn't the drop itself—it's going all-in with leverage and stubbornly holding on.
Are you buying the dip, sitting on the sidelines, or have you already been shaken out? 👇
#9月CPI来袭原油美债走势如何 #BTC #ETH
At around 10:30 this morning, $BTC plunged below $81,000 in a massive red candle, while $ETH also fell below $2,400. In just 10 minutes, roughly $350 million worth of long positions were liquidated.
The bigger picture is even more painful: nearly $1 billion in leveraged positions were liquidated across the market over the past 24 hours. And this time, Ethereum longs took the hardest hit, with about $286 million in ETH liquidations—more than BTC's $197 million.
At the time of writing, BTC was trading around $81,100 on Binance spot, down about 2.7% over 24 hours, after hitting a low of $80,226. ETH was around $2,367, down more than 5%, after dipping to $2,318.
ETH falling harder than Bitcoin suggests that too many people were chasing longs with high leverage. In a wick-filled market like this, the biggest risk isn't the drop itself—it's going all-in with leverage and stubbornly holding on.
Are you buying the dip, sitting on the sidelines, or have you already been shaken out? 👇
#9月CPI来袭原油美债走势如何 #BTC #ETH