TL;DR
The crypto market just saw a staggering $1.8 billion wiped out in long and short positions thanks to heavy leverage and cascading liquidations. This explainer breaks down how perpetual futures work, why margin calls snowball into huge price swings, and what triggers those domino effects.
By learning to spot where liquidations pile up—and timing your own entries around them—you can actually ride these wild moves instead of getting wiped out. It’s all about understanding the mechanics, anticipating the cascade, and using it to your advantage.
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