๐จ 717M WIPED OUT IN 24 HOURS ๐ฉธ
1.25 million traders just got liquidated as total liquidations hit $717.58M over the past 24 hours. Longs absorbed almost all of it, and the single largest wipeout was a $26.64M $ETH position on Binance.
This was not just a leverage flush. Brent crude pushed back above $100 a barrel, the 10-year Treasury yield climbed to 5.284%, and the dollar index hit its highest close since April 2025. That is the classic risk-off trio hammering every corner of the market.
Fed minutes land later today. If the long end of the curve keeps climbing, the $80K zone becomes the next magnet for the majors.
Healthy flush before the next leg up, or the start of something uglier? Drop your take below ๐
Not financial advice. DYOR.
#crypto #marketwatch #altcoins
1.25 million traders just got liquidated as total liquidations hit $717.58M over the past 24 hours. Longs absorbed almost all of it, and the single largest wipeout was a $26.64M $ETH position on Binance.
This was not just a leverage flush. Brent crude pushed back above $100 a barrel, the 10-year Treasury yield climbed to 5.284%, and the dollar index hit its highest close since April 2025. That is the classic risk-off trio hammering every corner of the market.
Fed minutes land later today. If the long end of the curve keeps climbing, the $80K zone becomes the next magnet for the majors.
Healthy flush before the next leg up, or the start of something uglier? Drop your take below ๐
Not financial advice. DYOR.
#crypto #marketwatch #altcoins