Leverage is a wild drug.
Bitcoin just dropped below $86,000, wiping out over $100 billion in market cap in the last 24 hours.
In just the past 4 hours, leveraged long liquidations are nearing $400 million.
This is exactly why over-leveraging gets punished fast in crypto.
Volatility shows no mercy.
It’s a wild time to be a crypto trader.
$BTC 💥
