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💥[Liquidation of 179 million! Shorts get completely wiped out, market begins to reverse]💥
In the past 24 hours, the total liquidation amount across the entire network reached $179 million👇
Long positions liquidated: $56.29 million
Short positions liquidated: $123 million (dominant)👇
The key point:👉
BTC short liquidations exceeded $42 million
ETH short liquidations exceeded $26 million
👉 Shorts have become the main "victims"
At the same time, over 100k people across the network were forcibly liquidated,
The largest liquidation occurred on a certain exchange, AVAXUSDT, with an amount of up to $4.49 million.
What does this indicate?👉 The market is undergoing reverse clearing, targeting the side with a unified sentiment
In one sentence:
When everyone is bearish, the market starts to move in the opposite direction.
Remember:
The market never plays out according to the majority’s script,
The ones who truly survive are not those who guess the right direction,
But those who control their positions well.$TNSR $CFG $MAGMA #BTC #ETH