Crypto got smoked. 19B gone in hours here’s what happened ☠️
Friday was brutal. A 19 billion liquidation hit the crypto market like a truck — the biggest single-day wipeout of leveraged trades ever.
And the trigger? Trump vs China.
After Trump posted on Truth Social, calling China “very hostile” and threatening *massive new tariffs over their rare earth export controls, the market tanked.
- BTC crashed from 124K →104K in just a few hours
- It bounced a bit, hovering around 113K, but the damage was done
- Over 1.6 million traders got caught — mostly long positions
Of that 19B, a crazy 16.6B came from longs alone. Shorts? Only 2.4B.
*TL;DR:
Trump tweeted → China tension flared up → Market panicked → $19B gone 💥
Stay safe out there. Leverage is no joke.
Summary
$19B in crypto positions liquidated after Trump’s hostile US-China remarks.
Bitcoin fell 16% to $104K before rebounding; 1.6M traders wiped out in hours.
Altcoins hit harder: LTC -51%, TON -41%, DOGE -39% before partial recovery.
#TrumpTariffs
Friday was brutal. A 19 billion liquidation hit the crypto market like a truck — the biggest single-day wipeout of leveraged trades ever.
And the trigger? Trump vs China.
After Trump posted on Truth Social, calling China “very hostile” and threatening *massive new tariffs over their rare earth export controls, the market tanked.
- BTC crashed from 124K →104K in just a few hours
- It bounced a bit, hovering around 113K, but the damage was done
- Over 1.6 million traders got caught — mostly long positions
Of that 19B, a crazy 16.6B came from longs alone. Shorts? Only 2.4B.
*TL;DR:
Trump tweeted → China tension flared up → Market panicked → $19B gone 💥
Stay safe out there. Leverage is no joke.
Summary
$19B in crypto positions liquidated after Trump’s hostile US-China remarks.
Bitcoin fell 16% to $104K before rebounding; 1.6M traders wiped out in hours.
Altcoins hit harder: LTC -51%, TON -41%, DOGE -39% before partial recovery.
#TrumpTariffs