$BTC: Over $100 Million Liquidated in 1 Hour 🚨

#Bitcoin experienced a swift plunge below $90,000 recently, before rapidly recovering above that level. While charts might show a quick bounce, the immediate market impact was significant.

Approximately $100 million in long positions were liquidated during this brief dip. This sudden movement, occurring around 7 AM UTC, caught many investors off-guard. 📉

This event underscores the persistent volatility prevalent in the crypto market. Traders should remain prepared for rapid price fluctuations and unexpected shifts. 📊