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Over $650 million got wiped from the market in the last 24h!

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Over $650 million got wiped from the market in the last 24h!

Over $650,000,000 got wiped from the market in the last 24h!

The largest single liquidation order happened on Bitmex - with value of $3.12M

https://preview.redd.it/7hky25vlyry91.png?1561&format=png&auto=webp&s=d363042f637ae3f461d577e43d04494ecd63b896

The majority of those were longs, looks like the 'bull run is back on the menu' was a nothing burger after all and market did what it always does, and did its own thing. I remember just a couple of days ago someone posted 10 reasons why we might be at the bottom... this paints another picture sadly:

https://preview.redd.it/b8lk07nwyry91.png?1552&format=png&auto=webp&s=bb46eac755cb25621ffa6f3922ae7097b7ee8a81

Stay safe guys! Let's wait out the current turmoil before we make some moves just in case.

submitted by /u/rootpl
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