Hot U.S. inflation data triggered nearly $980 million in crypto liquidations over 24 hours, with more than 90% of them being long positions. ETH liquidations even surpassed BTC.
The most striking thing isn’t how far prices fell, but that positions were all crowded on the same side. Macroeconomic factors merely lit the fuse; leverage turned volatility into a stampede.
When the market panics, what’s left of so-called judgment is often just who gets liquidated first.
The most striking thing isn’t how far prices fell, but that positions were all crowded on the same side. Macroeconomic factors merely lit the fuse; leverage turned volatility into a stampede.
When the market panics, what’s left of so-called judgment is often just who gets liquidated first.