PEPE LONGS JUST GOT VAPORIZED.
$9M+ in leveraged longs flushed in 24h — 97% of the wipeouts were bulls. Price dumped ~15% while funding flipped negative and OI bled.
The frogs are getting rekt while the rest of the market chops. Classic meme leverage purge.
$PEPE
$ETH
$SOL
What does a 97% long liquidation share tell you about crowded positioning right before a dump?
$9M+ in leveraged longs flushed in 24h — 97% of the wipeouts were bulls. Price dumped ~15% while funding flipped negative and OI bled.
The frogs are getting rekt while the rest of the market chops. Classic meme leverage purge.
$PEPE
$ETH
$SOL
What does a 97% long liquidation share tell you about crowded positioning right before a dump?
