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
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin