💥 $102M down the drain: chronicles of crypto-casinos over the last 24 hours
If you thought the crypto market was chess for geniuses, the last day reminded us: it’s more like emotional poker with a dealer named "Liquidation." In 24 hours, $102 million evaporated. Yes, it’s not a bug, it’s a feature.
🎢 Who lost the most?
- Short sellers, of course! Minus $69.69 million — ironically just like the market itself is mocking them.
- Long holders didn’t escape unscathed either — $32.11 million down.
- Bitcoin lost $15.19 million, and Ethereum — almost $30 million. Apparently, even the top players are not immune to "sudden" movements.
📉 What does this mean?
The market has once again shown that it doesn’t like overconfident players. Especially those who enter with 50x leverage and faith in a "turning point."
😂 The irony is that every liquidated trader yesterday considered themselves smarter than the market. Today — they are just statistics on Coinglass.
📌 Conclusion: in crypto, there are two types of traders — those who have already been liquidated, and those who have not yet realized that it’s possible.