Mmastodon BusinessCrypto first seen 3 d ago, last 3 d ago, peak #5
Bitcoin traders caught out as long liquidations hit
Original: ⚡ Trader-Falle bei # Bitcoin : Trotz schwachen Kursen bauten Trader Longs auf – die Quittung folgte mit einer großen Liq
Bitcoin traders who built up long positions despite weak prices were hit by a large wave of liquidations on Thursday morning. Analysts note that open interest continues to rise, suggesting leveraged positions are still building and that further volatility and liquidation risk remain in the market.
Why now: A sudden liquidation wave on Bitcoin is a warning about excessive leverage and further price risk.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2347538