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Bitcoin missiles 4,720 % in imbalance with bulls

The encryption market recently witnessed a stunning change in filter flows, as short situations were completely discovered. according to CoinglassThere was a total amount of $ 503.7 million, but the real story is 4,720 % in Bitcoin’s collapse: only $ 45,970 was filtered in long positions, compared to $ 2.17 million in short pants.

Bitcoin itself was about $ 105,000 on Tuesday afternoon, which indicates only a small price movement on the surface. But mechanics are under a different story. The watch fee of Binance shows a failed collapse attempt, followed by a rapid payment of above 105,000 dollars, which led to a handful of short qualifying.

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The price increased by only 0.16 %, but the liquidation activity indicates that the real drama occurred behind the scenes, driven by short -selling people.

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source: Coinglass

Ethereum also had a significant impact on the flow, as it reached the squares of $ 16.03 million, making it the largest among all assets. According to the information we have, the largest individual liquidation matter was for ETH/USDT, with $ 12.14 million, and this was done on Binance.

After that, Bitcoin, with the total references at $ 2.21 million. Other assets such as Sol, MGO and 1000pe have seen more than half a million dollars each, indicating the broader impact of market movements.

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The pants suffered from the worst. Of 503.7 million dollars in general, it was 371.35 million dollars short positions. Only 132.34 million dollars was from Longs.

This collapse remained as it is even in the shortest time frameworks – $ 18.64 million in short pants for $ 7.84 million in the phase in four hours – which indicates that today’s movements were more than the bid of the new bullish condemnation.

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