That was intense!
$BTC : $1.46 million in short positions liquidated! 💥
Short sellers got squeezed hard in this wave, with the price around 82196.71.
Leverage is no joke—watch your position size!
An extreme funding rate doesn’t mean an immediate reversal, but it does indicate that leverage is too high on this side.
Don’t treat these as buy or sell signals.
$BTC : $1.46 million in short positions liquidated! 💥
Short sellers got squeezed hard in this wave, with the price around 82196.71.
Leverage is no joke—watch your position size!
An extreme funding rate doesn’t mean an immediate reversal, but it does indicate that leverage is too high on this side.
Don’t treat these as buy or sell signals.