LONGS GOT HUNTED. $1.1B GONE IN 24H.
CoinGlass tape: ~$1.12B liquidated. Longs ate ~$1.04B of it. Shorts barely bled.
$ETH led the wipe — ~$318M forced out. Bigger than $BTC .
Price sliced under $2,500, last prints near $2,410 (−5%+).
$SOL didn’t get a pass. Sub-$110, about −7%. X is already calling it Rektober. Funding on SOL and XRP flipped negative — the crowded long is gone, not the trend.
Fed minutes still lean restrictive. Another hike on the table into year-end. Leverage was the fuel. The flush was the bill.
Watch the $80.4k BTC shelf and ETH $2,400. Lose those and the next cascade writes itself. Bounce without volume is a dead-cat, not a reversal.
CoinGlass tape: ~$1.12B liquidated. Longs ate ~$1.04B of it. Shorts barely bled.
$ETH led the wipe — ~$318M forced out. Bigger than $BTC .
Price sliced under $2,500, last prints near $2,410 (−5%+).
$SOL didn’t get a pass. Sub-$110, about −7%. X is already calling it Rektober. Funding on SOL and XRP flipped negative — the crowded long is gone, not the trend.
Fed minutes still lean restrictive. Another hike on the table into year-end. Leverage was the fuel. The flush was the bill.
Watch the $80.4k BTC shelf and ETH $2,400. Lose those and the next cascade writes itself. Bounce without volume is a dead-cat, not a reversal.