🚨 $1 BILLION WIPED OUT IN 24 HOURS.
Bitcoin's drop below $75,000 just triggered a brutal liquidation cascade across the crypto market.
According to CoinGlass, $917 MILLION in positions were liquidated.
The pain was almost entirely on the bullish side.
More than $826 MILLION in longs were erased as Bitcoin and Ethereum led the market-wide flush.
This is what happens when leverage gets crowded.
One sharp move lower...
And months of gains disappear in hours.
Fear is back. Volatility is back.
The only question now: was this the final shakeout before the next leg higher, or the start of something bigger?