😱 Bybit and futures traders
▪️While $BNB was hitting ATH, the coin's price unexpectedly dropped -5% on futures within a few minutes.
▪️I believe this spike liquidated longs, especially those using high leverage.
▪️Such a sharp price drop for $BNB was not observed on any other exchange. But this was only on futures, on the spot market (BNB/USDT), everything was fine.
