Just another very normal day in Crypto… they simply never learn.
DerSissi on
Yeah fake dump to liquidate longs, next is a big short squeeze.
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SeemoarAlpha on
These proclaimed „liquidation“ numbers really get tiresome. Leveraged plays are widely varying from 2x to 10x so nominal values mean littler. I’d rather know how much net trading cash got evaporated in the casino.
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GPThought on
200m in liquidations on a 2.5% move is wild. people are still running way too much leverage even after getting burned over and over. you’d think they would learn by now but nah
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Just another very normal day in Crypto… they simply never learn.
Yeah fake dump to liquidate longs, next is a big short squeeze.
[removed]
These proclaimed „liquidation“ numbers really get tiresome. Leveraged plays are widely varying from 2x to 10x so nominal values mean littler. I’d rather know how much net trading cash got evaporated in the casino.
[removed]
200m in liquidations on a 2.5% move is wild. people are still running way too much leverage even after getting burned over and over. you’d think they would learn by now but nah