🚨 LEVERAGE CATASTROPHE! $250 Million Liquidated in Just 4 Hours 🚨
Breaking News (Coinglass Data): The cryptocurrency market has just experienced a massive purge. In just 240 minutes, $250 million in trading positions have evaporated. The most surprising aspect is the parity: $128M in longs and $122M in shorts were eliminated. No one is safe at this level of volatility.
Immediate Impact: This scenario indicates high manipulation or an extreme reaction to high-impact news. When the market liquidates both sides almost equally, it is known as a "washout" movement. Bitcoin led the carnage with $103M, closely followed by Ethereum with $89.26M.
Were you one of the victims of this purge or were you watching from the sidelines in $USDT?
Do you think this cleanup was necessary for the market to decide its next real trend?