🚑 After a rebound, short sellers didn't have time to put on life jackets → $161M vanished in 12h.
📉 Total losses: $189.53M
➡️ Short sellers: $161.34M, 85% losses, no need to discuss.
➡️ Long investors only lost $28.19M
🔥 Bybit leads the "short burn" festival: $51.79M
🔥 Binance follows: $32.99M
🔥 Gate, OKX, HTX… also ablaze
👉 Conclusion: Short sellers lost their life jackets today, lost their wallets, while long investors just sit back and count their money. 🪦💸
😮💨Woke up this morning looking at the liquidation table still a bit dazed, luckily this time my name isn’t on there…
What about you guys, did you “attend” this party?