$LIT nudged long positions out, liquidating $4.9632K at $1.62102.
It’s the kind of move that feels sharper in the account than on the chart like tripping slightly on a familiar sidewalk and having to catch yourself. Traders holding longs got clipped, showing how even moderate swings can ripple through leveraged positions.
Long liquidations like this aren’t always a signal of a trend reversal; they often highlight where crowded bets meet pressure and patience is tested. The market quietly reminds participants to stay alert.
Did anyone else notice how quickly this one played out?
LITUSDT
Perp
1.553
+3.25%