For 3 consecutive days, long orders and get liquidated exceeded 1.5 billion. This is the first time we have seen this market trend this year.

The open interest in the contract reached 201 billion when BTC was at 70,000 on July 30, and it dropped to 1660 in just three days.
Watching the market, the price of the coin is between 70,000 and 60,000, and it has fallen almost $10,000.
The open interest of 200 billion exploding to 166 billion is not a small amount either,

This wave of the crypto world only fell for 4 days on July 30th, just 4 days. Have you ever seen a market fall and end in 4 days??
That time is not half a month or even a month after the fall to the bottom and then grind for half a month.
How many hardcore fans do you remember saying 10,086 times in mid-to-late September before catching the bottom

How many people will be swept away by this elusive global financial turmoil, and how many will fall in August 2024?