In the last 24 hours, $235 million worth of leveraged long positions have been liquidated 🫡
BTC didn't drop 5% or 10%, it dropped 0.5%, but people are so overleveraged that even this small move caused massive liquidations 😵
Why do people like to long the top with inexcusably high leverage so much?
BTC didn't drop 5% or 10%, it dropped 0.5%, but people are so overleveraged that even this small move caused massive liquidations 😵
Why do people like to long the top with inexcusably high leverage so much?