🚨 Massive Crypto Shakeout: $1.7B in Bullish Bets Liquidated! 🚨
Bitcoin dipped to $81K amid macro jitters and Fed chair speculation (Trump pushing for Kevin Warsh over dovish picks like Rick Rieder). This triggered $1.68B in liquidations, with 93% hitting longs—$780M in BTC and $414M in ETH alone. Over 267K traders got wrecked, mostly on platforms like Hyperliquid ($598M) and Bybit.
Why? Overcrowded leverage unwound in a cascade: forced selling fueled more drops, flushing speculative excess. But this isn't fresh bearishness—it's a healthy reset. Funding rates normalize, weak hands exit, setting up cleaner price action ahead.
Classic bull market correction. With Fed holding rates at 3.5-3.75% and potential cuts if economy wobbles, BTC could rebound to $90K+. Ditch high leverage; go spot for longevity. January 2026 has seen multiple flushes ($550M-$1.8B events), but crypto's resilient, watch for macro clarity post-FOMC.
What do you think? Bullish rebound or more pain? Drop comments! 👇🏻 📈
