Pretty much everyone even remotely levered long on alts outside the top 10 just got liquidated. It was a brutal day in the market especially with altcoins. Bitcoin grinded down and the alts just kept on bleeding and bleeding. Right when you thought it was about to stop we got hit with a massive wick down. Grinded back up thought we were in the clear for about an hour and then another wick down. Terrible day to be a perp trader, terrible day in general. I hope that was the bottom.
Indeed , Its a shakeout i believe , i wrote about it https://steemit.com/btc/@krishiv/rekt-or-shakeout-some-tweets
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INDEED - > https://steemit.com/hive-185836/@threadstream/crypto-crash-course-usd816-million-liquidation-in-one-hour-a-brief-return-to-reality
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