ngl but $BTC looks kinda vulnerable now, especially with that $1.2b long hovering around a liquidation price thats 5% away

If he's forced to close some, he's gonna move the price down a little -> people see and tp -> panic -> downwards spiral

If he doesnt do anything, he gets liqd and boom -> everyone on lev dies together when a cascading candle comes

If he topup another 50m, his liq price only get extended down to ~$100k, assuming he closes all his other positions.

Would be interesting to see how it pends out from here.