🐋 $BTC had a huge long position liquidated: $3.42 million!
The price is around 70315.88. When such a large long position gets liquidated, it often means a whale added leverage to go long and ultimately got caught out by the market.
Even whales get liquidated, so ordinary traders should pay even more attention to position sizing.
This take may not be right. Manage your own risk and profits and losses.
The price is around 70315.88. When such a large long position gets liquidated, it often means a whale added leverage to go long and ultimately got caught out by the market.
Even whales get liquidated, so ordinary traders should pay even more attention to position sizing.
This take may not be right. Manage your own risk and profits and losses.
