$1B+ LONGS JUST GOT OBLITERATED
BTC smashed under $76K
ETH dumping 7-8%
SOL taking the same hit
Chip stock crash spilled over and leveraged bulls got force-closed hard.
Most of the wipeout was longs. Funding still positive. Crowd still leaning long.
Who’s next?
$BTC
$ETH
$SOL
Watch open interest and funding after big long cascades crowded longs can still fuel another leg down.