Max Thoroughman ZbAP

Rough 24 hours for leveraged longs: $617M in total crypto liquidations hit the market, with $546M coming from long positions alone versus just $71M in shorts. That imbalance tells you exactly who got caught off guard by today's pullback — traders positioned for more upside got squeezed hard. $BTC futures alone accounted for $191M of that. Lesson in position sizing, or a sign the dip is nearly done? $BTC $ETH