News update!
Wall Street gives ground after the hit at $NVDA , Bitcoin flushes out leverage, and whales are left trapped on DEXs.
Thursday night recap, November 12, 2026:
- Wall Street: The S&P 500 fell 0.5% (7,584 pts) and the Nasdaq dropped 0.8%, dragged down by Nvidia’s plunge (-7.8%) following its leadership crisis.
- Bitcoin ($BTC ): Traded at $71,400 (-2.93%), flushing out $304.5M in derivatives (87% of liquidated positions were longs).
- On-chain hits and hunting: We correctly anticipated BTC’s pullback toward key support levels and detected more than $940M in shorts trapped on Hyperliquid $HYPE .
💡 My take for the night: The flush clears out excess leverage. The Asian session will determine whether $71,000 serves as a bounce floor or lower support levels get swept.
#CryptoNews #BTC
Wall Street gives ground after the hit at $NVDA , Bitcoin flushes out leverage, and whales are left trapped on DEXs.
Thursday night recap, November 12, 2026:
- Wall Street: The S&P 500 fell 0.5% (7,584 pts) and the Nasdaq dropped 0.8%, dragged down by Nvidia’s plunge (-7.8%) following its leadership crisis.
- Bitcoin ($BTC ): Traded at $71,400 (-2.93%), flushing out $304.5M in derivatives (87% of liquidated positions were longs).
- On-chain hits and hunting: We correctly anticipated BTC’s pullback toward key support levels and detected more than $940M in shorts trapped on Hyperliquid $HYPE .
💡 My take for the night: The flush clears out excess leverage. The Asian session will determine whether $71,000 serves as a bounce floor or lower support levels get swept.
#CryptoNews #BTC
