Bitcoin just showed why leverage is the real enemy.

BTC pumped $3,300 in 30 minutes

→ $106M shorts liquidated

Then BTC dumped $3,400 in the next 45 minutes

→ $52M longs liquidated

This isn’t random volatility.

It’s a classic liquidity sweep:

Price moves up to hunt shorts

Then reverses to flush late longs

Both sides get punished.

Only spot holders survive.

This is how markets reset leverage before the real move.

Call it manipulation if you want —

but this is exactly how highly leveraged markets behave.

Trade less.

Size smaller.

Let price come to you.