Replying to Avatar Fiat Shenanigans 🤡🌎

Everybody was expecting it to break out and run higher. All the leverage was already positioned long and there was nobody left to buy. It only took a little bit of selling to trigger a cascade of liquidations. Every. Fucking. Time. Almost 200k leveraged accounts liquidated in about 2 hours.
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Entropy 2y ago

It's interesting to see that it only dropped what, like 9 percent? Volatility is not what it used to be 😂

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Fiat Shenanigans 🤡🌎 2y ago

What's interesting to me is that every selloff since early December has been unable to push price below 40k. This was the biggest dump in the last 30 days and it still stopped short of 40k.

Also almost half a billion dollars changed hands during this dump and somebody made a killing.