Look at this precise demolition point, it is truly chilling upon deeper thought. This phenomenon can be explained by two reasons, which one are you willing to believe:
1: Many funds use the liquidation data as a trading signal. When a large short position is liquidated, they choose to go short; when a large long position is liquidated, they choose to go long;
2: There is a so-called targeted demolition team at the exchange that manipulates based on the liquidation prices of large accounts;
