Leveraged-longs get liquidated, good economic news is bad news for markets: TBL Weekly #34
thebitcoinlayer.substack.com
Welcome to TBL Weekly #33—the free weekly newsletter that keeps you in the know across bitcoin, rates, risk, and macro. Grab a coffee, and let’s dive in. Bitcoin pukes in a mighty leveraged-long liquidation cascade A less desirable characteristic of bitcoin is its overabundance of leveraged speculators, and last night we got yet another taste of what can happen when too many of them are caught offside when the price moves against them.
An absolute mega week of content. The interview with Pierre was enlightening and inspiring, and the partnership with Dr Jeff Ross was a dream come true. TBL is the best content out there in the bitcoin space right now.
An absolute mega week of content. The interview with Pierre was enlightening and inspiring, and the partnership with Dr Jeff Ross was a dream come true. TBL is the best content out there in the bitcoin space right now.