๐ฅ $BTC Bloodbath: Shorts Are Finally Winning! ๐ฉธ
Over $500 million evaporated in the last 24 hours as the market violently reacted to recent news. But hereโs the twist: itโs *not* just longs getting wrecked. Shorts are now accounting for 30% of all liquidations โ a massive jump from the typical 10%.
The CPI data triggered a classic โsell the newsโ event, and all eyes are now on the Bank of Japanโs upcoming interest rate decision. Adding fuel to the fire, Wintermute just dumped over $500 million worth of $BTC, roughly 30% of their portfolio. This move signals significant overhead pressure.
Expect continued volatility. ๐
#Bitcoin #Crypto #MarketCrash #Liquidation ๐ป
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