$THE Long Liquidation Shock: $8.28K Wiped Out at $1.55154
The crypto market was shaken as $8,284.6 worth of $THE long positions were liquidated at $1.55154, marking a dramatic turn of events for leveraged traders.
This massive wipeout has left the market buzzing and serves as a harsh reminder of the volatile nature of crypto trading.
THE, which had been riding a wave of bullish momentum, suddenly saw its price reverse and crash through the critical support level of $1.55154.
This triggered a cascade of long liquidations as traders betting on further upward movement were forced to close their positions.
The intense selling pressure amplified the downward spiral, leaving bulls stunned
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