The crypto market just faced a brutal leverage flush, with over $1 BILLION in liquidations over the last 24 hours as Bitcoin tumbled from $81K to under $76K. 📉
The Breakdown:
💥 Total Liquidated: $1B+ (201k+ traders rekt)
🐂 Longs obliterated: $777M+
🐻 Shorts burned: $272M
HTX saw the biggest single hit—a staggering $38M ETH long position wiped out.
What happened? A massive tech & AI stock rout on Wall Street triggered a broader "risk-off" panic. Concerns over AI returns and headlines about data center construction pauses in Texas hammered both tech stocks and Bitcoin miners trading tick-for-tick with the Nasdaq.
Total crypto market cap is down 5% to $2.56T. ETH slides to $2,250 while SOL drops 6%.
Are we looking at a bear trap or the start of a deeper November correction? Volatility is locked in. 🧵👇
#BinanceReopensWithdrawalsForMoreAssets #Binance98PercentReplenished #USStocksSlipandCryptoMarketUnderBroadPressure #StrategySTRCResumesIssuanceAfterOver170Days #ADPUSPrivateEmployersAdd86000JobsInOctober
$BTC
$ETH
The Breakdown:
💥 Total Liquidated: $1B+ (201k+ traders rekt)
🐂 Longs obliterated: $777M+
🐻 Shorts burned: $272M
HTX saw the biggest single hit—a staggering $38M ETH long position wiped out.
What happened? A massive tech & AI stock rout on Wall Street triggered a broader "risk-off" panic. Concerns over AI returns and headlines about data center construction pauses in Texas hammered both tech stocks and Bitcoin miners trading tick-for-tick with the Nasdaq.
Total crypto market cap is down 5% to $2.56T. ETH slides to $2,250 while SOL drops 6%.
Are we looking at a bear trap or the start of a deeper November correction? Volatility is locked in. 🧵👇
#BinanceReopensWithdrawalsForMoreAssets #Binance98PercentReplenished #USStocksSlipandCryptoMarketUnderBroadPressure #StrategySTRCResumesIssuanceAfterOver170Days #ADPUSPrivateEmployersAdd86000JobsInOctober
$BTC
$ETH