#TrumpVsMusk #MarketPullback #TrumpTariffs
💥 $1B in Crypto Liquidations: Overleveraged Longs Just Got Wrecked #TradingTypes101
Boom. Nearly $1 billion in crypto liquidations just shook the market. 223,000+ traders were caught off guard—90% of them long.
🔍 What happened?
Overleveraged longs + macro panic = perfect storm.
Key triggers:
🤯 Trump vs Musk clash over tax policy
📉 Tariff fears ripple through global markets
💣 Fragile crypto structure triggered chain liquidations
🚨 BTC Flash-Crashed to $100K
Bitcoin tumbled from $105K to $100K before bouncing—its lowest since early May. Over $341M in BTC longs were wiped out.
💀 ETH wasn’t spared either: $285M in liquidations. SOL, XRP, DOGE all felt the heat.
“Bullish greed + high leverage = market wipeout,” says Kronos CIO Vincent Liu.
🔮 What to Watch Next:
📊 U.S. Jobs Report – coming Friday
🔥 CPI Inflation Data – drops June 11
💵 Trump’s Tariff Talk – is it just noise or the next macro nuke?
⚠️ Takeaway for Traders:
🛑 Stop chasing green candles with 50x leverage.
✅ Use risk-managed setups. Protect capital before chasing profits.
📉 Don’t be the exit liquidity for smarter money.
💬 Did you survive this wipeout? Or get caught in the storm?
👇 Let’s talk in the comments. What’s your next move?