NVDA is up 1%, but nearly all TradFi liquidations over the past 24 hours hit longs—about $150,800 in longs versus just $9,300 in shorts, across roughly 33 trades.
Prices: NVDA at about 215.05 on Binance (+1.133%) and 215.00 on OKX (+1.077%); BTC at about 79,923 on Binance (−0.520%) and 79,906 on OKX (−0.590%).
Prices are still up about 1%, yet $150,000 in longs were liquidated while shorts lost only $9,000—a one-sided long squeeze, with shorts barely taking a hit.
Up 1%, with $150,000 in longs liquidated versus just $9,000 in shorts—would you call this overleveraged longs getting flushed during a rebound, or were shorts barely in the market to begin with?
View in real time: https://www.coinboss.com/tradfi-liquidations