Over $600M in Bitcoin longs liquidated as BTC dips toward $60K
- Binance and Coinglass just hosted a mass liquidation event, wiping out $600M in Bitcoin longs as BTC flirted with $60K. The moonboys are already screaming about a relief bounce to $70K, but let’s be real: the technicals are screaming bearish. You didn’t get liquidated because the market is evil; you got liquidated because you ignored leverage like it’s a bad date. Regulators aren’t coming to save you from your own greed, and neither is Vira Manti. This isn’t a dip; it’s a tuition fee for ignoring risk management. Stop chasing green candles and start reading charts. The only thing bouncing right now is your margin call.