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We just saw a monster wick down on BTC all the way down from 103K today to 92K... insance and they were hunting the 50x and 100x Leverage players. Clear as day.

They also piggy back off news that Coins are on the move from Mt Gox and perhaps US Govt Selling More.

Net net - be careful w Leverage - make sure your liquidation levels are DEEP

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Comments

Boolish

This was a 11k candle in the red? No god candle, just a big, red demon candle

Saki83

Who was selling ? Did government sell the ones they moved to coinbase ?

Tradernas2

I guess who is doing this ? Who has the power to do this.. and can they just push it 11k at a time as well..

Dominik Olivér Cseh

Huge exchanges. Probably Binance. They laugh at the 50x , 100x guys and in an instant they take back their money if they want + take away the traders money. Only way you can beat them is low leverage and sniper entries.

Rock Lee

How can one view this on trading view please? To be able to see these liquidation levels.

Mohawk Crypto

Seriously though, they gave us a couple of hours of 100k BTC glory, then they waited for the leverage longs to pile in and pulled the rug. Honestly we all should've expected a move exactly like this. I feel this playbook has been running for years on any large psychological price level. Hell these groups were probably the same ones who pumped us over 100k to begin with. A good ol "pump and dump" but on a insanely large scale. Soon (next 2 to 15 days )they pump it to 110+

Pav

I had some limit orders in the 220’s on Sol that got filled in the spike down so the volatility worked in my favour at last 😅

Steve

You need to add the indicator...It is 'Liquidation Levels by Leviathan'....It's free to install and use....

Alexander

How can it be légal to manipulate markets like this?

mrcanning

My question here is! Is this a single entity doing the hunting or a coordinated effort by multiple entities? Is it always market makers or is this just the result of "The Market" doing the hunting as a collective? Otherwise, how can one entity dictate price moves in such a large market?

Luke Bison

I am filled up with call options, so I won't get liquidated easily, as opposed to perps. Recommended

BTC MAX

I entered BTC perp on Jup at 93580 13.75 x by mistake came out at 97000 we back at 102000 today, crap