$BTC
$PINGPONG
📊 Violent liquidations strike the market within 24 hours!
Data indicates a large wave of liquidations shook traders over the past day:
💥 Total liquidations:
$381.8M million
$315.78M Shorts
$66.02M Longs
😵 Number of traders who were liquidated:
116,689 traders
🚨 Largest individual liquidation:
$13M trade on Bybit – BTC.
⏱️ Liquidations by periods:
1 hour: $54.07M
4 hours: $232.43M
12 hours: $268.93M
💡 Conclusion:
The market is punishing short positions violently, and the liquidation pressure on shorts has pushed the price up sharply.
The current period is very sensitive… Risk management is a necessity, not an option.
