Over the past 24 hours, $137 million in liquidations occurred across the crypto market: $74.8646 million in long positions and $61.9403 million in short positions. After news like this, I look at large orders first, then the price.
When negative news breaks, don’t rush to conclusions—first, get the facts straight. Watch for large transfers into exchanges; they usually mean someone is getting ready to sell.
$BTC .