The latest data from Coinglass is pretty brutal—over the past hour, there’s been $144 million in liquidations across the entire network. Longs were almost completely wiped out, with $142 million in long positions gone in an instant, while shorts only saw about $2 million liquidated. Breaking it down by coin, $ETH alone accounted for $76.61 million in liquidations, and $BTC saw $22.92 million. This drop came on really suddenly. Do you think the market will keep dropping or bounce back? For those still holding positions, how are you feeling right now?
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💫$ETH $BNB✨
The latest data from Coinglass is pretty brutal—over the past hour, there’s been $144 million in liquidations across the entire network. Longs were almost completely wiped out, with $142 million in long positions gone in an instant, while shorts only saw about $2 million liquidated.
Breaking it down by coin, $ETH alone accounted for $76.61 million in liquidations, and $BTC saw $22.92 million. This drop came on really suddenly.
Do you think the market will keep dropping or bounce back? For those still holding positions, how are you feeling right now?