Yesterday the crypto market just had its 3rd largest liquidation event of 2026.
$1.8 billion in leveraged positions got liquidated as $BTC dropped to a 2-month low and $ETH dropped to a 3-month low.
And the worst part? This did not happen because of weakness in market or some major bad news, this was a result of pure manipulation to hunt leverage and flush out retail.
The US stock market hits historic highs and BTC is down -45% from its peak ? There is no genuine explanation for this.
bitcoin:native has been falling through liquidity the entire way down
From $74,000 to $65,500 in three days. Every level that looked like support got swept
Below the current price, almost nothing. The market has already hunted what was there
Above, $69,000–$75,000 is now a wall of unswept liquidations — $243.74M at peak density. Every drop adds more shorts at those levels. Every short added makes the wall heavier
Price fell into a void
The majority are expecting $60,000 next for $BTC.
$BTC just dumped from $73,900 to $71,300 liquidating $353M shorts.
$595M total Crypto liquidations in 24 hours!!!
Now, the 1 day liquidation map has:
- $813M Longs
- $2.09B Shorts!!!
That's 2.5x more shorts than longs, all the way up to $76,800 ready to be liquidated...
Are over-confident Bears about to get 'rekt'?