$BTC BLOODBATH: $2B Liquidated as Crypto Gets Obliterated in 24 Hours 🚨

This was a full-scale leverage purge. In just one day, over $2 billion in positions were force-liquidated as volatility ripped through the market. Bitcoin took the lead, dumping more than $10,000 and slicing straight through $64,000, wiping nearly $200 billion off its market cap in the process.

Ethereum followed without resistance. $ETH lost key structure, broke below $1,850, and erased another $39.4 billion in value. Liquidity vanished, funding collapsed, and once the first wave of liquidations hit, the cascade fed on itself.

This wasn’t distribution.

This wasn’t news-driven.

This was leverage snapping in a thin market.

Moves like this reset positioning fast — but they also raise the real question:

Was this the capitulation flush…

or just the opening act of a deeper unwind?

The answer won’t come from headlines.

It’ll come from how price behaves after the panic fades.

Eyes on structure. This next move matters.