đ©ž The liquidation bloodbath hit BOTH sides this week.
$2.74B in shorts got wiped out during the rally.
Then $1.82B in longs were liquidated on the pullback.
And today alone, another $337M has been erased as Bitcoin drops below $76K.
Thatâs more than $5B in positions destroyed in just 72 hours.
According to CoinGlass, 87,430 traders were liquidated over the past 24 hours.
The chart says it all: after months of relatively calm price action, the quarter just delivered its two biggest liquidation spikes back-to-back.
Bears got crushed on the way up.
Bulls got crushed on the way down.
Nobody was safe. đ©ž
$BTC #Bitcoin #Crypto
$2.74B in shorts got wiped out during the rally.
Then $1.82B in longs were liquidated on the pullback.
And today alone, another $337M has been erased as Bitcoin drops below $76K.
Thatâs more than $5B in positions destroyed in just 72 hours.
According to CoinGlass, 87,430 traders were liquidated over the past 24 hours.
The chart says it all: after months of relatively calm price action, the quarter just delivered its two biggest liquidation spikes back-to-back.
Bears got crushed on the way up.
Bulls got crushed on the way down.
Nobody was safe. đ©ž
$BTC #Bitcoin #Crypto