Longs just got hunted. 88% of the wipe was one-sided.
$256M liquidated in the latest 24h snapshot. Longs ate $225M of it. Binance alone printed $174M of the damage. Biggest single hit: an $11.8M BTC long at $82,283.
Tape right now:
$BTC ~$82,900
$ETH ~$2,570
$SOL ~$115
XRP took the harder spot hit, down ~4.5% to $1.41. DOGE open interest dumped 13%. Funding is flat-to-negative on SOL and XRP. Leverage is already getting flushed, not rebuilt.
Oil spike and higher yields did the macro work. Uptober is still a slogan until $83K holds and bids show up in US hours.
$256M liquidated in the latest 24h snapshot. Longs ate $225M of it. Binance alone printed $174M of the damage. Biggest single hit: an $11.8M BTC long at $82,283.
Tape right now:
$BTC ~$82,900
$ETH ~$2,570
$SOL ~$115
XRP took the harder spot hit, down ~4.5% to $1.41. DOGE open interest dumped 13%. Funding is flat-to-negative on SOL and XRP. Leverage is already getting flushed, not rebuilt.
Oil spike and higher yields did the macro work. Uptober is still a slogan until $83K holds and bids show up in US hours.