$BTC LIQUIDATION IN CHAIN: $129M MISSING as Bitcoin falls below $88K
The market just dropped drastically. In the last 60 minutes, more than $128.6 MILLION in long positions were forcibly liquidated as Bitcoin fell below $88,000. It was not a slow sell-off — it was a leveraged liquidation.
The heat map tells the story. BTC and ETH led the carnage, with altcoins like SOL and XRP caught in the crossfire as margin calls came all at once. When the price drops below a key level, over-leveraged long positions become instant fuel for downward momentum — and that is exactly what happened.
Events like this reset the market quickly. Leverage gets cleaned out, weak hands are forced to exit, and volatility spikes in both directions. These cascades often mark local turning points — whether a deeper drain… or the setup for a violent rebound.
The question now: was this the last shakeout — or just the first domino?
Eyes on $BTC . The next move could be explosive.
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