Big flush is coming ???
am personally going to sell these projects what shared below
🚨 **BITGET HACKED — COULD THIS TRIGGER PANIC SELLING?**
Bitget has confirmed a major security breach involving approximately **$351.6M in unauthorized transfers from limited hot/warm wallets**. Withdrawals were temporarily suspended, and although Bitget says customer balances remain protected, an incident of this size can still create **fear, uncertainty and panic across the crypto market**.
For traders, the key risk is not only the hack itself — it is the **market reaction**. If fear spreads, traders may rush to reduce exposure, leveraged positions can get liquidated, and that can create additional selling pressure.
📉 **My bearish scenario:**
If BTC starts losing important support while **OI remains elevated and long liquidations accelerate**, this could turn into a broader liquidity flush.
At the same time, Binance continues operating normally and has a long-established track record in the market. But this is **not a guarantee that Binance or the wider market is risk-free**.
For now, I’m watching BTC structure closely.
**Hack → Fear → Deleveraging → Long liquidations → Possible downside acceleration.**
$BTC
$TAO
$SUI
#BTC #CryptoNewss #MarketUpdate #Trading
am personally going to sell these projects what shared below
🚨 **BITGET HACKED — COULD THIS TRIGGER PANIC SELLING?**
Bitget has confirmed a major security breach involving approximately **$351.6M in unauthorized transfers from limited hot/warm wallets**. Withdrawals were temporarily suspended, and although Bitget says customer balances remain protected, an incident of this size can still create **fear, uncertainty and panic across the crypto market**.
For traders, the key risk is not only the hack itself — it is the **market reaction**. If fear spreads, traders may rush to reduce exposure, leveraged positions can get liquidated, and that can create additional selling pressure.
📉 **My bearish scenario:**
If BTC starts losing important support while **OI remains elevated and long liquidations accelerate**, this could turn into a broader liquidity flush.
At the same time, Binance continues operating normally and has a long-established track record in the market. But this is **not a guarantee that Binance or the wider market is risk-free**.
For now, I’m watching BTC structure closely.
**Hack → Fear → Deleveraging → Long liquidations → Possible downside acceleration.**
$BTC
$TAO
$SUI
#BTC #CryptoNewss #MarketUpdate #Trading
