Bitcoin just witnessed its first-ever $20,000 daily swing, wiping out $380B in market cap within 8 hours more than the value of nearly every company on Earth except 25.
Over 1.6M traders were liquidated.
$19.5B in leveraged positions vanished 9x larger than any previous record.
Here’s what went down 👇
• A major whale opened massive shorts before Trump’s 100% China tariff post.
• 30 mins after his announcement, liquidations exploded to $19.5B.
• The same whale closed positions for $192M profit.
Breakdown:
🔻Longs: $16.7B liquidated
🔻Shorts: $2.5B
This was ~$17B bigger than Feb 2025’s crash and 19x worse than FTX’s collapse.
A brutal reminder: the crypto market is fragile, leveraged and insanely profitable for those who stay objective and play volatility right. 💥