BITCOIN WEEKEND PLUNGE: $2,200 WIPED OUT IN UNDER AN HOUR — NO CATALYST, JUST LIQUIDATIONS 🚨
Bitcoin just endured a violent weekend sell-off. In under 45 minutes, $BTC shed $2,200, hitting a new yearly low of $80.8K—all without a single major news trigger.
The impact was immediate. Over $381 million in long positions were liquidated, while more than $70 billion vanished from the total crypto market cap in just one hour. This wasn't natural selling pressure. This was a targeted hunt for liquidity.
Weekends with low trading volume often set the stage for these kinds of moves. Thin order books, overleveraged positions, and cascading stop-losses—once the first key level broke, the dominoes tumbled rapidly. No headline was required. Just market mechanics and forced selling.
Moves like these are engineered to shake out weak hands, not signal a shift in fundamentals. The market didn’t wait for reasons. It simply chased liquidity.
The key question now:
Was this the final cleanse before a steadier recovery…
or just the first wave of a broader correction?