4.15 $RAVE Margin call alarm: 24 hours with 23.4 million爆仓, Bulls suffer a severe cut

On April 15th, the $RAVE futures market staged a fierce battle between bulls and bears, with margin call data shocking! The total margin calls for the day reached 23,402,000 USDT, with bears dominating the market, while chasing high, bulls were ruthlessly wiped out.

Margin call data breakdown

- 1 hour: total margin calls 538,700, long positions爆仓 354,300, short positions爆仓 184,400, short-term bulls were the first to be liquidated.
- 4 hours: total margin calls 2,197,300, long positions爆仓 1,496,200, short positions爆仓 701,100, bulls’ selling pressure increased sharply.
- 12 hours: total margin calls 9,977,700, long positions爆仓 5,928,800, short positions爆仓 4,048,900, both sides’ liquidation intensified.
- 24 hours: total margin calls 23,402,000, long positions爆仓 8,248,600, short positions爆仓 15,153,400.

Core logic interpretation

The data is clear: in 24 hours, short position爆仓 volume is almost twice that of long positions, fully revealing the current market structure:

1. Severe bull stampede: from 1 hour to 24 hours, the爆仓 amount of long positions increased exponentially, indicating that retail traders using high leverage chasing longs were forcibly liquidated in large numbers during price retracements, triggering a chain reaction of stampedes.
2. Bears hold the initiative: massive short爆仓 means bears continued to profit during the decline, market selling pressure was heavy, and bulls had no resistance.
3. Extreme reversal: combined with the previously extremely high long-short ratio, when everyone was bullish, the market poured cold water on the heated sentiment with爆仓 data.