$450M in longs wiped in one hour. That's leverage getting flushed.

$BTC moved fast and the overleveraged paid the price. This is why we don't chase with size on margin.

If you're holding spot and building a long-term position, this is just noise. Liquidation cascades create volatility, but they don't change the macro thesis.

Stay disciplined. Let the gamblers get shaken out. We're here for the cycle, not the hour.