This hour was pure pain for over-leveraged traders.

More than $773 MILLION got wiped out in just 60 minutes — and almost all of it came from longs.

That’s not a normal pullback. That’s leverage getting forcefully flushed.

When you see $764M longs vs only $9.5M shorts, it tells a very clear story:

too many traders were positioned the same way, expecting a bounce that never came.

BTC and ETH absorbed the bulk of the damage, which usually happens when:

– confidence is high

– leverage creeps up quietly

– volatility shows up uninvited

This kind of liquidation isn’t random. It’s the market resetting itself.

The important part most people miss 👇

After events like this, price often stabilizes, not because sentiment improves, but because forced sellers are gone. Weak hands are out. Liquidation pressure dries up.

That doesn’t mean instant upside.

It means the market can finally breathe again.

If you survived this hour without getting rekt, you’re already ahead of most traders.

Lesson stays the same every cycle:

Leverage makes you fast… but it also makes you fragile.