Right more longs equal lower price. Market makers need them lickies, lickity split.
Remarkable-Gene-243 on
time to buy more shorts to even it out
NinjaChore on
So BTC going down to liquidate the longs?
Successful_Safe_1440 on
Yeah that sounds bad
Erocdotusa on
Can’t be accurate with how easily they’ve manipulated the price down since October
DryMyBottom on
someone is going to be liquidated very hard then
obolli on
That has always been the case, there actually is a whole stable coin project based on taking advantage of this (ENA) long bias. The problem with coinglasses liquidation maps is that they are all implied and not real liquidations because the central exchanges do not publish liquidation prices so you have to infer this from the size and leverage of the trades.
I made one that is more accurate through hyperliquid that shows you the actual liquidity [https://www.wangr.com/whalewatch/liquidationmap/btc](https://www.wangr.com/whalewatch/liquidationmap/btc) because it’s open.
Hyperliquid also has more liquidity than many of the CEXes now and should be an accurate proxy.
You can also check the long short bias for whales which make up around 50-70% of the whole market on futures historically here: [https://www.wangr.com/whalewatch](https://www.wangr.com/whalewatch)
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9 Kommentare
Well thats not good
ruh roh
Right more longs equal lower price. Market makers need them lickies, lickity split.
time to buy more shorts to even it out
So BTC going down to liquidate the longs?
Yeah that sounds bad
Can’t be accurate with how easily they’ve manipulated the price down since October
someone is going to be liquidated very hard then
That has always been the case, there actually is a whole stable coin project based on taking advantage of this (ENA) long bias. The problem with coinglasses liquidation maps is that they are all implied and not real liquidations because the central exchanges do not publish liquidation prices so you have to infer this from the size and leverage of the trades.
I made one that is more accurate through hyperliquid that shows you the actual liquidity [https://www.wangr.com/whalewatch/liquidationmap/btc](https://www.wangr.com/whalewatch/liquidationmap/btc) because it’s open.
Hyperliquid also has more liquidity than many of the CEXes now and should be an accurate proxy.
You can also check the long short bias for whales which make up around 50-70% of the whole market on futures historically here: [https://www.wangr.com/whalewatch](https://www.wangr.com/whalewatch)