Gargoyle|Aug 21, 2026 09:03
BTC QUIETLY FLIPPED THE TRAP AROUND
Look at where the leverage is stacked
Over $50M in long liquidations sitting below current price, all the way down from $67K
That's the crowd that bought this move up and is now leveraged into the same direction, all at once
Above price, the short liquidation side is basically flat. Almost nothing left to squeeze
This market just flipped from a short squeeze into a market that's now crowded long
The question isn't whether they were right to buy this move
It's whether this much leverage stacked on one side ever gets its way twice in a row
NOTIFS ON!(Gargoyle)
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