Over $8M has been liquidated in the last 24h on $RLC alone. And there is still more than $200M worth of positions open on the token's contracts. Look at the liquidations :
3M usd liquidated on longs' side and almost the double on shorts. A possible theory may be shorts are for now less likely to be to be hitted. that got more credits if we consider te assuptin that it's coordinated, liquidity chasing. since they'll probably tend to foollow where liquidity is more concentrated.
3M usd liquidated on longs' side and almost the double on shorts. A possible theory may be shorts are for now less likely to be to be hitted. that got more credits if we consider te assuptin that it's coordinated, liquidity chasing. since they'll probably tend to foollow where liquidity is more concentrated.
