The crypto market just witnessed a bloodbath - over $473.92 million liquidated in the past 24 hours alone.
Here's the kicker: 60% of those wrecked positions? Long traders who got absolutely demolished.
Another brutal reminder that leverage cuts both ways in volatile markets.
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unrekt.eth
· 12-08 13:56
Leverage really is a double-edged sword—go all in once and it's all gone.
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StakeOrRegret
· 12-08 13:51
Leverage traders got liquidated again. Did they get any smarter this time?
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AllInAlice
· 12-08 13:49
Leverage players have boarded again💀
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SpeakWithHatOn
· 12-08 13:42
This crash broke through, and the $470 million long liquidation—greedy longs deserved it.
The crypto market just witnessed a bloodbath - over $473.92 million liquidated in the past 24 hours alone.
Here's the kicker: 60% of those wrecked positions? Long traders who got absolutely demolished.
Another brutal reminder that leverage cuts both ways in volatile markets.