$1B liquidated in 24 hours — and longs took the hit. 💥
$BTC dipped to about $73,761 late Sunday, its lowest since August, then bounced back above $75,000. $ETH wicked below $2,100 before recovering to around $2,144.
Per CoinGlass via CoinDesk, over $1 billion in leveraged positions were wiped out, $913 million of it longs. ETH saw $448 million in liquidations, nearly double BTC's $272 million, and the largest single order was a $48 million ETH position.
The triggers were macro: the Nvidia CEO investigation and stalled US-Iran talks. Traditional markets open Monday, and that reaction matters.
What I'm watching:
• BTC is stuck between the 200-day average near $73,150 and the 100-day near $77,430
• Whether ETH keeps absorbing more forced selling than BTC
• How equities react to the Nvidia headlines
Leverage punishes both sides fast. Just data, not advice.
Are you holding through this chop or sitting on the sidelines?
#Bitcoin #Ethereum #Liquidations
$BTC dipped to about $73,761 late Sunday, its lowest since August, then bounced back above $75,000. $ETH wicked below $2,100 before recovering to around $2,144.
Per CoinGlass via CoinDesk, over $1 billion in leveraged positions were wiped out, $913 million of it longs. ETH saw $448 million in liquidations, nearly double BTC's $272 million, and the largest single order was a $48 million ETH position.
The triggers were macro: the Nvidia CEO investigation and stalled US-Iran talks. Traditional markets open Monday, and that reaction matters.
What I'm watching:
• BTC is stuck between the 200-day average near $73,150 and the 100-day near $77,430
• Whether ETH keeps absorbing more forced selling than BTC
• How equities react to the Nvidia headlines
Leverage punishes both sides fast. Just data, not advice.
Are you holding through this chop or sitting on the sidelines?
#Bitcoin #Ethereum #Liquidations
