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Sohaib jutt
🚨 That drop came FAST… and longs paid the price.
Just now, the market made a sharp move lower, triggering around $410M in long liquidations, while shorts saw only about $14M liquidated.
The shorts basically harvested the whole move. 🩸
But things have started slowing down over the last hour. Some traders who chased the short side have already been stopped out, and that aggressive selling momentum is losing steam.
Now the key thing I’m watching is volume.
#DailyOrbit
