In the past 24 hours, the total liquidation amount across the network was 927 million dollars, with long and short positions each accounting for half, and BTC and ETH contributing the most.
This wave of Get Liquidated reminds me of the ETH surge of 7% followed by a pullback, echoing today’s actions of the giant whale shorting ETH, the market sentiment has gone overboard with FOMO.
I subjectively believe this is a bull market shakeout. Retail investors, don't panic. Combined with the net inflow of over 600 million from the ETF, funds are still flowing in.
Next week's Federal Reserve direction i
View OriginalThis wave of Get Liquidated reminds me of the ETH surge of 7% followed by a pullback, echoing today’s actions of the giant whale shorting ETH, the market sentiment has gone overboard with FOMO.
I subjectively believe this is a bull market shakeout. Retail investors, don't panic. Combined with the net inflow of over 600 million from the ETF, funds are still flowing in.
Next week's Federal Reserve direction i