Be like Penguin(@Square-Creator-c923eb9c4eb8c)'s insights

Notably the carnage hit oneside of the market with extreme prejudice as”long position” bet on a price rebound accounted for $2.42 billion of the total losses this is the largest long liquidation event in the ladt 3months$ETH trader bore,the heaviest burden incurring $1.15 billion in liquidation while#bitcoin related wipe total more than $772 million 
The massive long squeeze shows that participants over leveraging their positions to defined the $80,000 floor only to be crushed by accelerating downside momentum
BTCUSDT
Perp
66,735.9
+0.25%
ETHUSDT
Perp
2,014.85
+0.53%

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Notably the carnage hit oneside of the market with extreme prejudice as”long position” bet on a price rebound accounted for $2.42 billion of the total losses this is the largest long liquidation event in the ladt 3months

Notably the carnage hit oneside of the market with extreme prejudice as”long position” bet on a price rebound accounted for $2.42 billion of the total losses this is the largest long liquidation event in the ladt 3months