
$6.7M of XPL longs just got wiped in 30 minutes. 💥 Per ByKaranteli liquidation data, major venues force-closed $6.7M of leveraged long bets on Plasma's XPL in the half hour to 04:37 UTC today. Shorts in that same window? Just $82.5K. This one hit the bulls almost entirely. For scale: long liquidations across every coin in the same tracker came to about $25.0M over the past 24 hours. One alt did roughly a quarter of that in 30 minutes, on a quiet Sunday. And the backdrop really is quiet. BTC sits near $77.8K, up ~0.9% on the day, and forced closures have been tiny since the $640M+ days of Oct 29-30. That's the tell: when the majors nap, crowded leverage in thinner alts is where the damage shows up. One-off flush of late longs, or the start of leverage getting cleaned out of alts? 👇 $XPL

