LONGS GOT CLEANED!!!
$547M–$700M wiped in 24h. Almost all of it leveraged bulls.
Oil ripped above $101 on Strait of Hormuz tanker hits. Dollar and yields firmed. Risk got sold. Major funding flipped slightly negative — shorts paying longs.
$ETH ate the biggest hit. About $174M–$236M liquidated. Lost $2,600. Largest single print: $26.6M ETHUSDC on Binance.
$SOL slipped under $115. Traders are marking the next shelf near $114.
Leverage flush, not a new regime — until $ETH reclaims $2,650 and the liquidation tape goes quiet.
$547M–$700M wiped in 24h. Almost all of it leveraged bulls.
Oil ripped above $101 on Strait of Hormuz tanker hits. Dollar and yields firmed. Risk got sold. Major funding flipped slightly negative — shorts paying longs.
$ETH ate the biggest hit. About $174M–$236M liquidated. Lost $2,600. Largest single print: $26.6M ETHUSDC on Binance.
$SOL slipped under $115. Traders are marking the next shelf near $114.
Leverage flush, not a new regime — until $ETH reclaims $2,650 and the liquidation tape goes quiet.