Massive Liquidation: $65.6K Long Position Crushed at $2.706 – What Went Wrong?
In one of the most intense moments for $WIF traders, a $65.6K long position has been completely liquidated at a price of $2.706.
For those who were holding their breath hoping for a rebound, this sudden liquidation serves as a harsh reminder of how quickly things can shift in the crypto market.
This liquidation didn’t just affect one account – it sent shockwaves through the trading community.
The volatility in $WIF was immense, with rapid price swings catching traders off guard. When the price hit that critical $2.706 mark, liquidations followed fast.
Being on the wrong side of a liquidation means the entire position is wiped out, leaving traders with huge losses.
This unexpected move highlights the risks of trading with leverage, where one misstep can lead to a devastating outcome.