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📰 【In the past 24 hours, the entire network was liquidated for $420 million, mainly short positions】
BlockBeats news, on April 22, according to data from Coinglass, over the past 24 hours the entire network saw liquidations totaling $420 million, including $135 million liquidated in long positions and $285 million liquidated in short positions.
These short sellers really don’t learn. What’s the difference between shorting in a bull market and swimming upstream against a waterfall? Every time there’s a pullback, someone rushes to open a short, thinking they’re the chosen one who can precisely escape the top. And what happened? The market gave them a harsh lesson again. The $285 million shorts have vanished into thin air—this isn’t liquidation; it’s a tribute to the bull crowd. Remember what Soroge said: the trend is your friend—don’t always think you’re the market’s daddy.
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