🚨 [MARKET FLASH CRASH] OVER $870M LIQUIDATED IN 4 HOURS AS BITCOIN PLUNGES BELOW $77K TO $75.8K AMID $2.3T WALL STREET OPENING ROUT
A sharp macro reversal has unfolded across global risk assets during the evening session, violently undoing the post-election risk rally and triggering a massive liquidation cascade across derivatives venues:
▫️ Liquidation & Leverage Flush: Derivatives telemetry confirms over $870 Million in leveraged positions liquidated in a brutal 4-hour window, pushing 24-hour total liquidations past $1.03 Billion across 198,192 wiped accounts. Total digital asset market cap dropped by ~$140 Billion.
▫️ Cross-Asset Contagion: Bitcoin ($BTC ) breached key local support at $77,000, sliding -5.85% to local lows of $75,800. Ethereum ($ETH ) tumbled -7.45% and Solana ($SOL ) declined -6.20%, compounding pressure as US equity markets opened with a staggering $2.3 Trillion market cap wipeout in the opening hour following the Democratic congressional sweep.
▫️ Microstructure Realignment: The sudden sell-off aggressively punished overleveraged longs chasing the $80K breakout, resetting perpetual funding rates and clearing market-maker bid depth ahead of Friday's critical US Non-Farm Payrolls print.
#BTC #ETH #SOL
A sharp macro reversal has unfolded across global risk assets during the evening session, violently undoing the post-election risk rally and triggering a massive liquidation cascade across derivatives venues:
▫️ Liquidation & Leverage Flush: Derivatives telemetry confirms over $870 Million in leveraged positions liquidated in a brutal 4-hour window, pushing 24-hour total liquidations past $1.03 Billion across 198,192 wiped accounts. Total digital asset market cap dropped by ~$140 Billion.
▫️ Cross-Asset Contagion: Bitcoin ($BTC ) breached key local support at $77,000, sliding -5.85% to local lows of $75,800. Ethereum ($ETH ) tumbled -7.45% and Solana ($SOL ) declined -6.20%, compounding pressure as US equity markets opened with a staggering $2.3 Trillion market cap wipeout in the opening hour following the Democratic congressional sweep.
▫️ Microstructure Realignment: The sudden sell-off aggressively punished overleveraged longs chasing the $80K breakout, resetting perpetual funding rates and clearing market-maker bid depth ahead of Friday's critical US Non-Farm Payrolls print.
#BTC #ETH #SOL
