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$SAGA The most outrageous collective whale crash event
The coin price surged by 19.66%, but the whales' short positions lost everything, while the longs just sat back and won effortlessly, truly the most magical comeback in crypto history.
55 seasoned longs bought the dip at 0.0326, with a position of 1.06 million and a floating profit of 25k, with 82% of people making a killing. 155 stubborn whales bought the dip at 0.0304, thinking they had caught the top, but ended up losing 3.08 million, with only 9% remaining unliquidated, almost the entire army wiped out.
The funniest part is that in 30 minutes, shorts dumped a total of 4.6 million in sell orders, while longs only took in 460k—one-tenth of the short volume—yet it still caused a 20% surge. Even more absurd is that the funding rate was still negative; shorts kept smashing the market until they got liquidated, and they had to pay the longs every day, acting like modern-day philanthropists, going bankrupt and sending red envelopes to their opponents. #Gate广场五月交易分享