I’ve been closely monitoring liquidity levels, particularly the liquidation map and heat map on coinglass.

Since early Oct shorts have been piling up while longs are constantly being chased up till today, shorts were profiting greatly and many closed their positions.

It seems like market makers would much prefer to liquidate longs over shorts, as of writing this, shorts are at 14bn on the liquidation map (BTC 30 day) and longs are still getting rekt, is there a reason why? It doesn’t make sense to me that there’s no reason why market makers wouldn’t chase these shorts.

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