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BTC/USDT Market Movement
Large Long Position Liquidated 🔴
Sell Volume: $1.04M @ $92,645
Another significant liquidation cascade just hit the market. Traders holding long positions got caught in the recent pullback, wiping out roughly a million in value at that price level. These moments are exactly when volatility spikes and market makers collect their premiums.
The question on many traders' minds right now—how do you explain a liquidation hit to your risk management checklist? 😅 Stop-losses exist for a reason, folks.