Eighteen percent on $GWEI ... just slicing straight down to 26 rupees. And $B2 is mirroring it almost exactly, down 17.90% at 137 rupees. It's like someone literally just highlighted the entire leverage board and hit a master "liquidate" button. The synchronization is just gross.

But $M is the one actually making me wince. Dropping 14.5% is one thing on cheap casino dust, but M is sitting at 3.56... basically a thousand rupees. 995.29 to be exact. Bleeding 14% out of a heavy contract like that means actual, massive long positions are getting violently flushed right now 🩸.

And of course, they’re all perps. Every single one of them. It's not natural selling, it’s just the automated margin engine clearing the pipes and forcing everyone out. I’m staring at M struggling to hold that 3.56 mark, feeling how entirely heavy and exhausted the buy side looks, and you just know the exact second the next big underwater long gets force-closed, the sheer gravity dragging down the rest of this board is going to just...