🔴 $930M liquidated in the last 24 hours
297,402 traders closed positions via email from the exchange: “we have two news for you and both are bad”
In total, 89% of longs were liquidated.
Binance Leads with $394M of Liquidations
OKX: $317.7M liquidations.
Among the leaders of liquidations:
BTC - $182M
ETH - $136M
SOL - $48M
Among the obvious factors for such a strong flash crash are:
- end of the tax period in the USA
- speeches by the US President on a possible attack in the Middle East
- inflation starting to warm up again, which came out a few days ago and fears that in this case the head of the Fed will cancel plans to ease monetary policy
