$BTC just touched $70k, up 9%. $ETH ran to $2,300, +23% in a day.
This might be one of the biggest short squeezes we've seen in crypto. Liquidation cascade was brutal. Everyone who was positioned for downside got absolutely wrecked.
Market doesn't care about your thesis when leverage gets unwound like this.
This might be one of the biggest short squeezes we've seen in crypto. Liquidation cascade was brutal. Everyone who was positioned for downside got absolutely wrecked.
Market doesn't care about your thesis when leverage gets unwound like this.