In the past 24 hours , 200,943 traders were liquidated , the total liquidations comes in at $687.99 million. The largest single liquidation order happened on OKX - BTC-USDT-SWAP value $15.56M
I just witnessed this live on YouTube of a trader who opened a long position on BTC at 80,400, then it dumped. He was on the verge of crying seeing his unrealized almost reaching -200,000.
In the past 24 hours , 143,677 traders were liquidated , the total liquidations comes in at $436.76 millionThe largest single liquidation order happened on Binance - BTCUSDT value $13.10M . 👀
Imagine quitting your job or use your only life savings to start day trading crypto only to lose it all. Sadly this is the reality of most traders in crypto. Countless studies have found that only 3% of day traders remain profitable in a year meaning 97% lose money after 1 year of trading. Only 2% make profits equivalent to a person working for minimum wage and only 1% make substantial profits(prob whales/large institutions). This statistic will remain true especially when trading becomes incre
Why DOGE Coin Price might Tank From The high of 0.18 to 0.11 after the Recent Pump.
$DOGE
The end-of-month "pump" and beginning-of-month "dump" pattern in cryptocurrency markets could be driven by a few key factors, though it's more of an observed trend than a hard rule. Here are some of the main reasons often suggested: 1. Institutional Portfolio Rebalancing Monthly Rebalancing: Institutional investors, funds, and trading firms often rebalance their portfolios at the end of each month. This can lead to increased buying pressure on cryptocurrencies toward t
A crypto whale—a term used to describe an individual or entity holding a large amount of cryptocurrency & has significant power to influence the market with their substantial holdings. Whales can initiate large transactions that create drastic price swings affecting smaller investors and often to their detriment. Here's how they do it: when a whale decides to buy or sell a large quantity of a specific cryptocurrency
#Catcizen has been on the decline since it was launched and may go even further to 0.20. It is very important to understand that just because the founders promise something is revolutionary does not mean it is true. It is sad to see people losing their money on a coin while the founders are the ones filling theie bags with your own money. If I were you, I would avoid this coin but if you must it is safer to short it with not more than 1dollar 1x leverage as
BUYING THE DIP Buying the dip is a simple yet risky strategy many investors swear by. When markets tank and prices fall, buying the dip means swooping in to purchase assets at a perceived discount, hoping they'll rebound and generate returns. It sounds like an easy win—buy low, sell high, right? But here’s the reality check: dips don’t always bounce back quickly, and buying blindly can lead to more losses. Markets fall for reasons, whether economic downturns,