1 hour sees 1.85 billion USDT wiped out; BTC falls below 82k, ETH loses 2500, a late-night purge 🩸
Liquidation structures are all cleared in one go, overwhelmingly long positions; panic sentiment is driven straight to rock bottom.
After the leverage washout, there’s no fuel left below; all the shorts are squeezed into a single layer—one stray needle can trigger a chain reaction of stampede.
Chasing shorts at this kind of turning point is basically handing over your head; needle-tip reversals often come the fastest.

$BTC $ETH #liquidation wave