Yep, $428M in longs wiped. Brutal, but necessary. This is the market cleansing itself, shaking out the over-leveraged

Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out - DecryptBitcoin plunged nearly 5% as AI stocks sank, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.decrypt.coimg.decrypt.coimg.decrypt.co