Peaked at #1 Now #1
Crypto Crash, Bitcoin Falls Below $80K
Watcher.Guru reported crypto dumping: SOL under $100, XRP under $1.30, ETH under $2,350, BTC under $80,000, with $200M longs liquidated in an hour.
Key points
- Arthur Hayes says he sold his Maelstrom directional book, taking profits on $ETH, $ENA, $UNI and other shitcoins.
- Lookonchain reports Arthur Hayes dumped $22.28M worth of tokens, including 6,400 $ETH ($15.2M), 14M $ENA ($2.76M), 323,000 $UNI ($2.24M), 1.89M $ETHFI ($1.23M), 546,609 $AERO ($398K), 120,000 $PENDLE ($244K) and 3M $ZAMA ($214K).
- Bitcoin fell back below $80,000, with over $200 million in levered positions liquidated in under 60 minutes.
- Benjamin Cowen outlines a path that becomes void if Bitcoin gets and holds back above $83k, starting with a Bitcoin weekly close below $83k.
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Original post
What others are saying
4 more-
Bitcoin and ETH fall sharply as $200M in levered positions are liquidated in under 60 minutes; Bitcoin drops back below $80,000.
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Bitcoin falls below $80,000 after holding above the level for over 30 days.
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Cointelegraph reports $186M liquidated in one hour after Bitcoin fell below $80K, bringing 24-hour total to $838M.
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Bitcoin just dropped back below the $80,000 mark.
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Top replies on X
Reaction on X: Replies are mostly brief exclamations or jokes, with one user defending selling and another calling $XRP useless. No response from the original poster.
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From @breakoutprop, @the_kunal, @Mr8_jetLA and others. Spam removed, with English and Chinese translations.
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