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Alex_Trade✔️
The market just wiped out ~$555M in leveraged positions.
$487M came from longs.
And ~$430M was liquidated in just four hours.
$BTC briefly dropped below $84K.
The interesting part isn’t the size of the liquidation.
It’s what happens next:
If BTC stabilizes, the leverage reset could create a cleaner setup.
If it doesn’t, the liquidation cascade may not be finished.
