#Crypto #traders are going crazy. There are 10 Billion USD l | CryptoAttacksDAO en Binance Square

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CryptoAttacksDAO

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#Crypto #traders are going crazy.
There are 10 Billion USD long positions that will be liquidated if #bitcoin hits 56,000
And as much as 4 Billion USD short positions will be liquidated if #bitcoin hits 76,000
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🛑🛑 A whale bought 6570 #Bitcoin worth over $430 million in the past 24 hours.While you're panic-selling, whales are continuously buying the dip while they still can.

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🚨 #Liquidations 🩸 🔴In the past 24 hours , 190 048 traders were liquidated , the total liquidations comes in at $477.46 million 🔴The largest single liquidation order happened on Binance - #ETHUSDC value $6.44M ⚠️ Never invest more than what you can afford to lose. ⚠️ Don't try to make quick money. ⚠️ High Leverage does not give you more money

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🚨 This is out of control 🚨: In the first 8 months of Fiscal Year 2024, the 🇺🇸 US deficit hit a whopping $1.2 trillion, or $4.9 billion PER DAY. In May alone, deficit spending was $348 billion or $11.2 billion a day, according to the CBO. Over the last 12 months, the US deficit totaled $1.7 trillion equaling 6.2% of US GDP. Deficit spending as a % of GDP is above all previous recessionary levels except for the 2008 Financial Crisis, the 2020 pandemic, and World War 2. At the same time, government expenditures hit $6.5 trillion which is 23% of US GDP. The government is spending as if we are in a recession.

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