19 billion USD got liquidated! What a shakeout!

pele23 in LeoFinance • 14 days ago

No more weak hands?

Friday night the biggest shakeout in history of cryptocurrencies took place. Just about anyone that was leveraged in the market got shaken out!

1,6 million of traders were obliterated for a total amount of 19 billion USD worth of cryptocurrencies.

Are the weak hands now out of the crypto space? Are the leveraged traders completely shaken out now, and just the HODL’ers are left?

I think that we can expect a significant loss of leverage the market in the upcoming months!
Which is good for the sector, we need strong hands!

Sincerely,

Pele23

Posted Using INLEO

#crypto #Vyb #bbh #cent #Creativecoin #Proofofbrain #Archon #Lassecash #Neoxian

14 days ago in LeoFinance by pele23

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borsengelaber 14 days ago

😵‍💫 Hope you weren‘t leveraged. I am staying away from that stuff.

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takhar 14 days ago

Same here. I don't understand much of the logic when most of the value is imaginary.

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pele23 13 days ago

Nope, never! Just a hodler here!

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borsengelaber 13 days ago

🤝🏻

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takhar 14 days ago

Those who experienced forced liquidations could learn to stop using leverage altogether. I'm looking forward to what the contagion would look like in the coming weeks.

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hivebuzz 13 days ago

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