Wow… I’m reading that over $30B in crypto liquidations happened in just a few hours 😳



If true, this feels like a combined hit of COVID + FTX + Luna all rolled into one liquidation event 🤦🏼‍♂️🤦🏼‍♂️

Crypto is definitely becoming more cruel.

Don’t trust anyone who is bragging their PnL’s screenshots claiming that they weren’t affected by yesterday’s event, they must be in that less than 0.5% club.

You can only stay completely unaffected if you have no spot exposure and are purely a day-trader.

#altcoin Bitcoin #Crypto
LUNA4.6%
BTC4.32%
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