🚨 BITCOIN’S $70K DROP TRIGGERS A MASSIVE LEVERAGE WIPEOUT! 🩸
Bitcoin’s latest plunge has shaken the entire crypto market — and leveraged bullish positions are taking the biggest hit.
💥 Around $856 MILLION in crypto positions were reportedly liquidated within 24 hours.
🔻 Nearly 90% were LONG positions.
🟠 BTC liquidations: $455M (96% longs).
🔴 ETH liquidations: $132M.
The sell-off has forced heavily leveraged traders out of the market, adding to the pressure on Bitcoin.
💬 Is this a healthy leverage reset, or could more downside be coming?
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