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Whats strange is, shorts havn't gone up by barely 3000btc. I would expect people to be pumping shorts in such a crash. So this is probably some group selling spot, causing cascaded liquidations, right?
shorts closed into that wall
Thats what I thought, but the shorts volume on bfx hasn't really changed by much. hardly +/- 2000 btc, which isn't much considering the volume and long liquidations we just saw. Or the guys who started selling btc spot , have finally bought back the liquidations with the cash??
I cannot think of two terms that should NEVER be together more than "margin" and "bitcoin". There is "adventurous", then there is "speculative", after that there is "reckless"; beyond that is just plain crazy. Crypto on margin is crazy.
Two terms that should never be together? Bcash = Bitcoin.
Wish I fully understood what was going on here, maybe one day :\
this is good right? we can’t run up if everyone is long already. now the shorts will climb and then the MM is gonna stop out all the shorters; giving us fuel to run?
What is MM? :)
Market Maker
How do you know it got margin called and not just stopped?
You would think the exchanges would be past this.
margin called into a bid that was that exact size
H.O.L.Y.
Good ol potter hunting some bears 
. Hope he closed his shorts into the liquidation
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