Replying to Avatar Carl B Menger

BREAKING: #Bitcoin longs obliterated! Biggest wipeout since the crypto casino meltdowns (Celsius, 3AC, FTX). Leverage traders REKT. 🚨

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Merc Clowdrunner 10mo ago

I’m learning, can someone explain to me what this means?

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BitLo 10mo ago

People who irresponsibly bought Bitcoin on margin (leverage) were called (liquidated) due to the price dropping.