Over the past 24 hours, $TUT has seen more than $44M in liquidations, far exceeding $BTC and $ETH, making it the most liquidated asset. coinglass.com/liquidations x.com/lookonchain/status/20866…
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Over the past 24 hours, $TUT has seen more than $44M in liquidations, far exceeding $BTC and $ETH, making it the most liquidated asset. coinglass.com/liquidations x.com/lookonchain/status/20866…
· 59K Views
@lookonchain Liquidations follow leverage, not size. If $TUT is out-liquidating $BTC and $ETH, the borrowed money just piled into the place with the fewest real buyers.
@lookonchain $44M in liquidations on an asset like $TUT is a massive reset. When leverage gets this crowded, the liquidation cascade can hurt in the short term but also clear the market for a healthier setup. The next question is who steps in after the leverage is flushed.
@lookonchain tut showing that meme leverage can outpace the majors, crazy
@lookonchain I wouldn't have had TUT anywhere near the top of that list
@lookonchain If BTC has a strong drop soon, where will TUT go? x.com/takacrypto_/status/20866…
@lookonchain Y la mayoría fueron longs que se confiaron con el impulso inicial, el pump fue tan violento que el retroceso se llevó todo por delante 💀💸
@lookonchain Curious how you would size this if you were starting fresh today.
@lookonchain when a random ticker liquidates harder than btc, leverage found a new toy.
@lookonchain $44M in $TUT liquidations in 24 hours — outpacing BTC and ETH. When altcoin leverage unwinds this hard, it's usually time to watch BTC dominance. Liquidity rotates to safety first, then flows back into alts when confidence returns. #Crypto #Liquidations #Bitcoin
@lookonchain $44M on TUT over BTC/ETH is wild. That’s not “alt noise,” that’s leverage getting crowded fast