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Bitcoin Futures Meltdown Triggers Massive Liquidations — Investors Cry Foul Amid Record Losses

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Peter Kim
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The global cryptocurrency market was thrown into turmoil this week after one of the largest futures liquidation events in recent memory. Bitcoin’s sudden plunge from around $121,000 USD to the $101,000 range wiped out more than $3 billion in leveraged positions across major exchanges. Within hours, both long and short traders faced unprecedented losses, and social media erupted with allegations of market manipulation.


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Peter Kim
Posts: 11
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Topic starter
(@deviliii82)
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Joined: 7 months ago

I believe the long-term trend is upward. However, since coins always require risk management, we need to constantly be wary of the previous low support level. I don't like stop-losses, but I think they're the riskiest position.


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