<100 subscribers

Here's the breakdown in simple terms. ๐
1] Historic $19B liquidation wiped out leveraged bets amid US-China trade war fears.
Altcoins crashed 90% on Binance.
Perfect storm of panic & instability.
2] Leveraged Longs Liquidated (Bearish AF)
- $19B positions erased โ biggest ever, 20x worse than 2020 COVID crash.
- 87% were bullish bets ($16.7B lost).
- Why? Overcrowded trades triggered chain reactions. Fear Index tanked from 54 to 35. Watch out for more volatility!
3] US-China Tariff Shock (More Bearish Vibes)
- Trump threatens 100% tariffs on China imports
โ BTC drops $20K intraday.
- Crypto now super linked to stocks (correlation +0.85).
- Means: Trade war could kill global growth & risk appetite.
Trading volume exploded 130% to $487B as folks rushed to stablecoins.
4] Binance Altcoin Flash Crash (Mixed Bag)
- Coins like IOTX plunged 90% briefly due to margin calls.
- Binance used $188M from insurance fund
โ biggest since 2022.
- Upside: They'll compensate users. But exposes CEX risks.
Shoutout to Solana for handling 100K TPS like a boss!
5] Conclusion: Macro fears + leverage blowup + exchange glitches = Epic selloff.
Key levels: BTC $105K support & VIX for calm signals.
Crypto's tied to trade markets (+0.68 corr).
Will Fed or China moves flip the script?
Share Dialog
TruckMetaX
Support dialog
No comments yet