four days ago it was shorts; $262 million, 96% of all BTC liquidations, forced to buy on the way up.
over 24 hours it's $360 million in longs against $147 million in shorts. 120,991 traders.
same leverage, pointed the other way, four days apart.
leverage doesn't amplify your view. it amplifies how easily the market can take the position off you.
JUST IN: $230,000,000 worth of crypto longs liquidated in the past hour as Bitcoin falls below $84,000.