$CAKE LONGS CRUSHED—$3.75K LIQUIDATED!
A brutal shakeout just wiped out $3,751.5K in
$CAKE long positions at
$2.56423! Bulls got caught in a trap as the market took a sudden dive,
triggering a cascade of forced liquidations!
What Just Happened?
Total Long Liquidations: $3,751,500
CAKE Price Hit: $2.56423
Leverage Traders Wrecked: Stop-losses triggered, fueling a downward spiral!
Why Did CAKE Longs Get Wiped Out?
Whale Manipulation? Big players may have dumped to liquidate leveraged longs before scooping up at lower prices.
Key Support Broken: Bulls failed to hold their ground, allowing bears to take control.
Market Volatility: High leverage traders got caught in the storm, forcing panic liquidations!
What’s Next for
$CAKE Bullish Scenario: If buyers step in, CAKE could bounce back to $2.60+, reclaiming lost momentum.
Bearish Scenario: If selling pressure persists, we might see CAKE test $2.50 support or lower!
This is the brutal world of crypto—did you survive the shakeout,
or did the market claim your position? Only the strongest traders make it out alive!
Are you buying the dip or waiting for further downside? Drop your strategy below!
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