📉 The harvest after the explosive rise has arrived as expected.
Just when the bulls were overflowing with confidence and the market surged, reality dealt a heavy blow.
💥 $728 million in liquidations in 24 hours!
Long liquidations: $582 million
Short liquidations: $146 million
After this round of explosive rise, it wasn't the bears that were first to die, but the bulls chasing the highs who were liquidated first, as the retail investors were swapped out for another round of harvesting.
The sentiment in the secondary market remains as fragile as paper; don't let the rhythm lead you.
📊 This is crypto, not a fairy tale.
Show original
74K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.