HYPE liquidations over the past 15 days were around $2.2 billion. Based on HYPE’s market share, the market as a whole likely saw around $22–25 billion in liquidations over the past 15 days.
A slow, painful bleed—they don’t even spare a bit of liquidity on the weekend.
Compared with two years ago, the big players seem to favor sharp rallies and slow declines, maximizing their gains without taking weekends off. Those who’ve been around for a while probably remember how they used to create wicks. Since the 10/11 event last year, the big players seem to have become more cautious about creating wicks; we haven’t seen them doing it back and forth for at least a year. Instead, this is even harder to watch—a slow, painful bleed.
Use less leverage.
1BTC=1BTC, 1ETH=1ETH
But usually, weekend dips get bought back up quickly, which means there may still be another leg to this move.
$BTC $ETH #btc #eth
A slow, painful bleed—they don’t even spare a bit of liquidity on the weekend.
Compared with two years ago, the big players seem to favor sharp rallies and slow declines, maximizing their gains without taking weekends off. Those who’ve been around for a while probably remember how they used to create wicks. Since the 10/11 event last year, the big players seem to have become more cautious about creating wicks; we haven’t seen them doing it back and forth for at least a year. Instead, this is even harder to watch—a slow, painful bleed.
Use less leverage.
1BTC=1BTC, 1ETH=1ETH
But usually, weekend dips get bought back up quickly, which means there may still be another leg to this move.
$BTC $ETH #btc #eth
