50 million of Longs and Shorts liquidated in few minutes

in bitcoin •  5 years ago 

Just 30 mins ago BTC dumped by 500 USD and then pumped back up. Within this minutes peopel or traders (however you call them) lost over 50 million USD in liquidations - worth of BTC of course. We speak fo Bitmex of course. Other platforms also followed.
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I played it like a pro but not everyone was lucky - https://twitter.com/kingscrownBTC/status/1155618498346962944

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100x leverage is scary

REKT

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