💣 $732 million disappeared in a day. Who became the next victim?
❗While traders argue, "Will BTC drop to 15K?", the market has already dealt with long positions worth hundreds of millions.
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📉 What happened?
🔸 In the last 24 hours, the following was liquidated:
• $732 million in crypto positions
• Of which over $600 million are long positions
• Over 213,000 traders were affected
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🔥 The largest losses:
Asset Liquidations (longs)
BTC - $140 million
ETH - $105-152 million
XRP - $82-112 million
📍 BTC sharply dropped from $120K to ~$115K
📍 Mass stop losses triggered a chain sell-off
📍 Many over-leveraged and paid the price
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🧠 Why is this important?
• Liquidations are an indicator of market overheating
• Such sell-offs often occur before reversals
• Smart Money enters when the crowd is flushed out with leverage
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💬 Conclusion:
The market is cleaning out weak hands. Are you ready for the next step?
Write in the comments:
Did you survive this drop or were you also shaved?
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