💀 Bitcoin knifes straight through its fat 81K bid wall, billions nuked

So much for that fat bid sitting under 81K holding everything up nicely forever. Apparently not. Bitcoin knifed straight through it down to an intraday low near 80K after yet another failed push back toward 87K that nobody trusts anymore.

▪️ Longs ate basically everything that got dumped on them during this 24-hour bloodletting, while shorts barely felt anything happening around them and quietly survived largely unscathed.
▪️ Exchanges force-closed positions whose collateral ran dry, selling whatever remained standing inside books that were already bleeding badly — turning your ordinary dip mechanics directly into full…
▪️ Roughly $700M evaporated inside just four hours, per CoinGlass tracking — and $650M of that came exclusively out of stacked leveraged bullish bets.
▪️ 166,769 separate trading accounts got completely wiped out during those same brutal 24 hours, per the CoinGlass tally published shortly after. That's not a dip, that's a harvest.
▪️ Ethereum actually bled worse than Bitcoin, despite the headlines obsessing over Bitcoin charts exclusively — $324M against Bitcoin's $240M, while ether slipped beneath...
▪️ Biggest single casualty recorded happened somewhere called Hyperliquid, where one ETH-USDT position worth about $20M got forcibly closed — the largest individual liquidation of the lot.

@mxcenglish