💥 What actually happened in the "mini-crash" in the market, according to some sources:

It was not a normal sell-off, but a technical error on a global scale.

All major traders and funds use APIs, programs that connect their automated strategies to exchanges (CEX & DEX).
Well, these APIs crashed simultaneously, especially on DEXs like ASTER and Lighter, which run billions in volume and have point programs.

👉 When the connections failed:
Algorithms bought/sold chaotically (10–20x more than they should have).

Market makers withdrew their orders → the order volume dropped sharply.

Liquidations came in chain, with no buyers to absorb them.
The result?
🔻 Sudden drops of tens of percent in a few minutes.
🔻 Large positions liquidated, including funds and major investors.
🔻 All due to an infrastructure error, not due to market sentiment.

💬 In short:
It was not a normal "dump," but a global technical failure in the automated systems controlling billions.
Similar to the COVID crash, but triggered by a bug, not by panic.