$FOLKS just nudged long positions out, liquidating $4.9914K at $1.4811.
It’s one of those moves that catches your eye like missing a step on a familiar staircase and having to steady yourself. Traders holding longs got clipped, showing how even moderate swings can ripple through leveraged positions.
Long liquidations like this aren’t always a signal of a trend reversal; they often highlight where crowded bets meet pressure and patience is tested. The market quietly nudges participants to stay aware.
Did anyone else notice how quickly this one played out?
$FOLKS
FOLKSUSDT
Perp.
1.424
-6.74%