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Michael 897
‑ BTC|$190 million total liquidations in 24 hours, with longs accounting for $180 million
Over $50 million longs exited within 12 hours;
It’s clear: this wave is not a two-way squeeze but a precise strike against the armies that bottom-fished in recent days;
A large amount of chips entered with the mindset of “stabilizing at a low level, rebound soon” were directly swept out;
This also explains the pressure that major players holding heavy BTC-ETH positions are currently enduring; the entire.
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