$5,579,000,000 in crypto leveraged positions wiped out in just 5 days.
$5.5 billion. Gone. In less than a week.
After October 10th. After February 6th. After everything this market has shown us repeatedly, retail traders are still using leverage and still getting destroyed by it.
The people on the other side of these liquidations are institutions with better data, faster execution, and deeper pockets. Retail has no edge in leverage trading. The game is not designed for you to win it.
Spot positions can survive a crash. Leveraged positions get wiped out before you even wake up.
Protect your capital
💔🕊️End of an Era: Assam's heartthrob Zubeen Garg passes away at 52-years-old - during an accident while scuba-diving in Singapore.
Zubeen was in Singapore for the Northeast Festival.
He was rescued and rushed to a hospital. However, he could not survive.