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Liquidations worth $18 billion
The figures currently hanging in the order books and on heatmaps look absolutely insane. The market is overheated with longs, and the price is squeezed in a vise.
If the market maker decides to “shave” the long traders, we’re looking at a cascade of $14,000,000,000. It’s just a sea of liquidity that can sweep the price in a moment.
On the shorts, “only” $4,000,000,000 has been prepared.
You know what happens when the crowd puts too much faith in one direction. Be careful with leverage—now is not the time for an all-in.
#BTCBackAbove80K