POPA ReconTotal Liquidations: $1.42B Wiped in 24h
Total Liquidations: $1.42B Wiped in 24h The market just flushed over $1.42B in leveraged positions in a single day - and longs took almost all the pain. Why so volatile? Sticky US inflation has flipped the Fed from rate cuts to a possible hike, while spot BTC ETFs have bled ~$6B over six straight weeks - gutting the demand that drove the May highs. Strategy even sold Bitcoin for the first time in 4 years, leaving the market with no firm bid. So every break of support triggers another cascade of forced long liquidations - with BTC near $60K, down ~31% YTD, deep in Extreme Fear. Data sourc…
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