Those who bought shorts are so lucky
They lost everything
💥The crypto market crashed! Bulls lost 400 million, and the bears fought back? ! 💸
📉🌪️In the past 24 hours, the cryptocurrency market suffered a major crash, and the bulls actually lost nearly 400 million US dollars in this catastrophe!
Yes, you heard it right, nearly 400 million US dollars! It feels like a lot of wealth evaporated in an instant! 😱
😵💫According to Finbold's authoritative data, a total of 440.24 million US dollars were liquidated in this crash. The worst are those bulls who held on to their long positions, who lost as much as 378.52 million US dollars! Ethereum (ETH) has become the center of this storm, and countless ETH bulls have been ruthlessly drawn into this vortex. 🌪️
😎However, the bears seem to have found an opportunity to fight back in this crash. They only lost less than 62 million US dollars, which is a huge profit in comparison! Especially those traders who shorted ETH, they were grinning from ear to ear! 😆
🤔What is the truth behind this big crash? Is it a natural adjustment of the market, or is someone behind it? What do you think, crypto warriors? 🤔
🚀But then again, for those looking for investment opportunities, analysts believe that now is a good time to buy alternative coins. After all, those liquidated cryptocurrency bulls have reduced their overall risk exposure, bringing new opportunities to the market. 💼
🔮However, the market is always full of uncertainty. Although the TOTAL3 index (referring to the capitalization of all cryptocurrencies except Bitcoin and Ethereum) has reached a market value support of US$593 billion, it seems to suggest a "once in a few years" opportunity. However, given the volatility of the market, we still need to remain vigilant. 🔭