Fun

Now over a billion in liquidations

lieutenantdan - 2024-04-12 22:38:27

That was fast…


It was only $200 million at first, but that didn't last.


image.png


(Source: https://twitter.com/RadarHits/status/1778850195465277843/photo/1)


Now we are over a billion in liquidations and probably going to get worse in the coming days.


This looks like the start of a multi week drawdown that takes us back near $60k.


Hopefully I am wrong but that is the looks to me.


What do you see?