The Crypto market just experienced a violent shakeout causing over $450.000.000 to evaporate from trader account in the past 24H mainly targeting the overly optimistic
š¹ Data shows over $350 million of liquidation value came from Long positions overwhelming the Short side proving buyers were too hasty jumping in to catch the falling knife without clear confirmation
šø $BTC led the damage list with nearly $100.000.000 liquidated followed by $ETH and $XRP reflecting widespread panic across all key assets not just a single coin
š¹ Binance continues to be the storm center accounting for over 40% of the total market liquidation volume confirming this is where the largest speculative capital concentrates and also the riskiest place
šø This event proves that FOMO Buy the dip sentiment is being thoroughly exploited by market makers through fake dump to shake out weak position
Were you among those liquidated today or did you manage to exit in time?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
