๐Ÿšจ $314 Million Liquidation Wave in 24 Hours! ๐ŸŒŠ

Total Liquidated: \approx $314M ๐Ÿ’ธ

Long Positions (Bets on Price \uparrow): $107M liquidated. This means the market likely dropped ๐Ÿ“‰, forcing those who bet on a rise to close their leveraged positions.

Short Positions (Bets on Price \downarrow): $206M liquidated. This indicates the market then likely had a significant rebound/rise โฌ†๏ธ, trapping and liquidating those who bet on a further drop.

The Bigger Picture: The liquidation of more Shorts ($206M) than Longs ($107M) suggests a sharp market move upwards after an initial volatility, catching the bearish

#BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock #Recall #SAPฤฐEN

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