🔴 $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

#Liquidation #Dump #bitcoin