【😱 Last night, 260 million dollars liquidated! Were the bulls washed to tears?】
Family, who understands! Last night the market had another round of "midnight harvesting" 🌙💸 A total of 259 million dollars evaporated from the entire network, more than 85,000 people were liquidated in one night! The bulls are simply devastated—— liquidations of long positions alone accounted for 200 million dollars, with Bitcoin and Ethereum's long positions liquidated for over 110 million dollars 🔥 Although the bears also took hits, compared to the bulls' devastation, it was like just a scraped knee... $ETH $BNB $XRP
The most heartbreaking is that 7.92 million dollar single largest liquidation! It evaporated directly on Hyperliquid, and I don't know which big player will need to take a deep breath this morning... (facepalm.jpg)
📉 Looking at the data:
Bitcoin long liquidations 62.99 million vs short liquidations 21.65 million
Ethereum long liquidations 52.32 million vs short liquidations 12.25 million
It's clear that the bulls took a heavier beating!!
Now the question arises: Is this wave of liquidation a buying opportunity given by a bull's retreat? Or is it a sign of a quiet trend reversal? The market always pours cold water when everyone is collectively optimistic, and delivers surprises in moments of despair... In this current situation, do you understand what's going on? 🤔
Waiting for you to chat in the live room:
How did your account fare last night?