$430 million liquidated in the last 10 minutes.
So much for Moonvember. The market just reminded everyone that leverage cuts both ways — and when it moves, it moves fast. This kind of cascade happens when overleveraged positions get margin-called in quick succession, triggering a domino effect across exchanges.
Classic crypto volatility. One minute everyone's celebrating new highs, the next minute the liquidation engine is running at full speed. If you're playing with high leverage in this environment, you're not investing — you're gambling on milliseconds.
So much for Moonvember. The market just reminded everyone that leverage cuts both ways — and when it moves, it moves fast. This kind of cascade happens when overleveraged positions get margin-called in quick succession, triggering a domino effect across exchanges.
Classic crypto volatility. One minute everyone's celebrating new highs, the next minute the liquidation engine is running at full speed. If you're playing with high leverage in this environment, you're not investing — you're gambling on milliseconds.