"The market was shocked for an hour: a massacre of short sellers, 190 million US dollars evaporated!"
The latest data shows that the total amount of liquidation in the past hour was as high as 21.3587 million US dollars. Among them, long positions were liquidated by 2.2473 million US dollars, and short positions were harvested even more tragically, with a liquidation amount of up to 19.1115 million US dollars, directly staging a "short massacre".
Behind the huge amount of funds being wiped out is the cruel truth of market fluctuations. The emergence of the liquidation wave is undoubtedly the combined result of liquidity, market sentiment and technical operations. In particular, the concentrated stampede of short sellers has led to a new opportunity for a partial rebound in the market.
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