$CL buyers using leverage just took the hit. Across the major venues, $4.1M of long positions were closed automatically in the last 30 minutes, once their collateral no longer covered the move against them.
The short side came through nearly untouched, with $5.9K liquidated over the same window. That gap means this flush landed on traders positioned for a rise, not on both sides at once.
The figures come from the raw liquidation streams of the major venues.
The short side came through nearly untouched, with $5.9K liquidated over the same window. That gap means this flush landed on traders positioned for a rise, not on both sides at once.
The figures come from the raw liquidation streams of the major venues.
