đ Cascade of Liquidations
âą Leverage Flush: Driven heavily by forced long unwinds, total crypto liquidations surpassed $1.03 billion to $1.16 billion over a 24-hour window, catching over 174,000 leverage traders off guard.
âą Asset Breakdown: Ethereum (ETH) led the cascade with over $311 million in individual liquidations, closely followed by Bitcoin (BTC) at roughly $238 million. Major layer-1 networks like Solana (SOL) and Dogecoin (DOGE) also experienced sharp sell-offs.$NVDAB $MSFTB #SenBlumenthalProbesCantorFitzgeraldTetherTies
#ShareYourThoughtOnBTC
âą Leverage Flush: Driven heavily by forced long unwinds, total crypto liquidations surpassed $1.03 billion to $1.16 billion over a 24-hour window, catching over 174,000 leverage traders off guard.
âą Asset Breakdown: Ethereum (ETH) led the cascade with over $311 million in individual liquidations, closely followed by Bitcoin (BTC) at roughly $238 million. Major layer-1 networks like Solana (SOL) and Dogecoin (DOGE) also experienced sharp sell-offs.$NVDAB $MSFTB #SenBlumenthalProbesCantorFitzgeraldTetherTies
#ShareYourThoughtOnBTC