Today’s market was hit by two surreal “external shocks”: Nvidia founder Jensen Huang announced that he would immediately step down as president, CEO, and director, while MSCI is set to remove Strategy from its index on November 30. $BTC briefly plunged to $71,200, its lowest level in nearly 12 weeks.
According to CoinGlass, more than $750 million in positions were liquidated over the past 24 hours, including $634 million in long positions. $ETH and $SOL also generally fell by more than 3.5%.
This shows that crypto markets remain highly correlated with U.S. AI stocks and broader macro sentiment: a single “black swan” event can bring leveraged bulls down. Marex analysts cautioned against equating index fund outflows directly with spot BTC selling pressure, and I think that’s a fair point.
#比特币 #爆仓 For reference only; this is not investment advice.
According to CoinGlass, more than $750 million in positions were liquidated over the past 24 hours, including $634 million in long positions. $ETH and $SOL also generally fell by more than 3.5%.
This shows that crypto markets remain highly correlated with U.S. AI stocks and broader macro sentiment: a single “black swan” event can bring leveraged bulls down. Marex analysts cautioned against equating index fund outflows directly with spot BTC selling pressure, and I think that’s a fair point.
#比特币 #爆仓 For reference only; this is not investment advice.