🔴 $FOLKS Long Liquidation – $9.84K wiped out at $4.371
FOLKS looked calm on the surface, but the chart was quietly building a trap. Open interest was rising while price was barely moving. That is always a warning. When volume slows but leverage increases, it means traders are stacking longs without real buyers behind them.
One sharp push down was all it took to trigger forced sells. That $9.84K liquidation is not just a number. It is proof that confidence arrived before structure. Smart money didn’t sell high. It waited for leverage to build and then let gravity do the work.
FOLKSUSDT
Perp
4.408
-10.35%
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