🚨 Market Bloodbath: $498M Liquidated as Bulls Face Massive Washout! 🩸
The recent price volatility has triggered a massive wave of liquidations, wiping out nearly half a billion dollars in positions as the market takes a sharp corrective turn.
🔹 Total Damage: $498 Million vanished across the entire network in just 24 hours.
🔹 The Victims: Over 144,570 traders were caught in the crossfire.
🔹 Bulls vs. Bears: This was a brutal "long squeeze." Long positions (buyers) accounted for $357 Million of the losses, while short positions (sellers) saw $141 Million in liquidations.
🔹 The Asset Breakdown:
$BTC : Approximately $140M in long positions and $58.5M in shorts were wiped out.
$ETH : Over $101M in longs were crushed, compared to $32.6M in shorts.
🔹 The Single Biggest Hit: A massive $11.17 Million $BTC position was liquidated on the Aster exchange in a single moment!
With over $350M in long positions nuked, the market has undergone a significant "leverage flush." Are you staying sidelined until the dust settles, or is this the perfect entry point for you? 📉🛡️
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🚨 Market Bloodbath: $498M Liquidated as Bulls Face Massive Washout! 🩸
The recent price volatility has triggered a massive wave of liquidations, wiping out nearly half a billion dollars in positions as the market takes a sharp corrective turn.
🔹 Total Damage: $498 Million vanished across the entire network in just 24 hours.
🔹 The Victims: Over 144,570 traders were caught in the crossfire.
🔹 Bulls vs. Bears: This was a brutal "long squeeze." Long positions (buyers) accounted for $357 Million of the losses, while short positions (sellers) saw $141 Million in liquidations.
🔹 The Asset Breakdown:
$BTC : Approximately $140M in long positions and $58.5M in shorts were wiped out.
$ETH : Over $101M in longs were crushed, compared to $32.6M in shorts.
🔹 The Single Biggest Hit: A massive $11.17 Million $BTC position was liquidated on the Aster exchange in a single moment!
With over $350M in long positions nuked, the market has undergone a significant "leverage flush." Are you staying sidelined until the dust settles, or is this the perfect entry point for you? 📉🛡️