🚨 Market Reality Check: Worst Liquidation Day Explained 🚨
Binance confirms: crypto’s largest liquidation event was NOT an exchange failure — it was a macro-driven shock 📉🌍
🔹 Global risk-off sentiment + trade war fears
🔹 Over $100B+ leveraged positions stacked in derivatives
🔹 Thin liquidity = instant cascade of liquidations
🔹 Network congestion & high gas fees added fuel 🔥
💥 Result? A textbook leverage wipeout.
Over 75% of liquidations happened BEFORE any index issues. Binance even compensated users ($328M+) — rare move.
📌 Trader takeaway:
Leverage doesn’t forgive.
Liquidity disappears when you need it most.
Macro beats narratives every time.
Survive first. Profit later.
Risk management > hopium. 🧠⚔️
#Crypto #Binance #Bitcoin
#Trading #Liquidations #RiskManagement #Derivatives #Marketstructure