Crypto carnage in numbers: Over $19 billion was wiped out, 1.6 million traders got liquidated, and Bitcoin plunged by $20 K in mere hours. The chaos was fueled by geopolitical jitters—think Trump’s surprise tariff bomb—triggering a massive leverage unwind that snowballed into the worst liquidation cascade we’ve seen.
What happens next? Allegations swirl around a $200 million whale who may have front-run the crash, but whether that’s insider trading or coincidence, the bull run isn’t dead—it’s just different. Altcoins might take a backseat as fresh narratives emerge, yet the core crypto thesis of “buy the dip” still holds, even if the dip’s deeper and darker than we expected.
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