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Are forced liquidations nearing an end?

It’s been a scary last two weeks in crypto markets. We’ve seen crypto come under criticism from the billionaire Elon Musk, the Chinese national government, and now even top religious institutions with comments form the Pope. As a result we’ve seen normal mid market cycle selling pressure intensify to cause leveraged liquidations, a cascade of forced selling, lots of fear and capitulation with Bitcoin now down ~50% from its all time high. With this much pain on the tape in su...

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