$404M in longs wiped in 4 hours. $BTC briefly kissed sub-$80K and the carnage was instant.
93% longs got rekt
200K traders liquidated in 24h
Two 15-min candles did most of the damage
$ETH liquidations nearly matched $BTC
Spot ETF outflows continue. Arthur Hayes already cut directional exposure.
Shakeout or the start of something worse?
Leverage is getting hunted. If you're still long with size, ask yourself if you're early or just exit liquidity.
93% longs got rekt
200K traders liquidated in 24h
Two 15-min candles did most of the damage
$ETH liquidations nearly matched $BTC
Spot ETF outflows continue. Arthur Hayes already cut directional exposure.
Shakeout or the start of something worse?
Leverage is getting hunted. If you're still long with size, ask yourself if you're early or just exit liquidity.