#Gate广场五月交易分享 Trump’s一句话“吓崩”Crypto！Bitcoin突破82k美元后急剧下跌，130k人爆仓、510M美元蒸发
Last night (5/6) at 20:00, the crypto market was originally immersed in a long-lost frenzy atmosphere. Bitcoin (BTC) suddenly surged to $82,860, hitting a new high since January 31, and market sentiment quickly heated up; Ethereum (ETH) also rose to $2,411, with funds clearly flowing back into risk assets. Many investors initially expected BTC to have a chance to further challenge the $85,000 threshold. However, just a few hours later, the situation suddenly reversed. U.S. President Donald Trump posted on Truth Social warning: “A ceasefire agreement is a big assumption,” and threatened that if Iran refuses to reach an agreement, the U.S. will launch “more intense” military strikes. One sentence, directly quenching market enthusiasm. Bitcoin then quickly retreated from around $83K , dropping to a low of $81,108; ETH also sharply fell from its high to $2,328, with a significant short-term decline. The bulls who were still celebrating the breakout suddenly faced a “high-level reversal.” BTC surged high then sharply dropped, ETH’s decline was even more severe. As of this morning (5/7): BTC’s 24-hour decline narrowed to -0.07%, now around $81,108; ETH down 1.73% in 24 hours, touching a low of $2,314; SOL rose against the trend by 2.06%, at $88.32; XRP slightly increased by 0.29%, maintaining sideways consolidation. From the market data, although BTC’s decline was limited, market sentiment has already weakened significantly. Especially ETH’s retracement was deeper, indicating that high-risk assets are the first to be sold off by funds.
And this time, the real carnage was not in the price but in the derivatives market. 131k people liquidated, $510 million evaporated instantly!
According to CoinGlass data, in the past 24 hours, the total liquidation amount reached $510.5 million, with over 131k forced liquidations. The largest single liquidation came from Binance’s BTCUSDC contract, amounting to $6.13 million.
What’s more noteworthy is that this market staged a very typical “two-way harvest.”
First stage: Short squeeze
Last night, when BTC broke out strongly, a large number of shorts were liquidated. In the past 24 hours, short liquidations totaled $291.88 million, accounting for 57.2% of total liquidations. In other words, the night’s rally was largely driven by a “short squeeze.”
Second stage: Long liquidation
But just as market sentiment turned completely optimistic, Trump’s post directly changed the direction. Within nearly 4 hours, total liquidations on the entire network reached about $63.44 million, including:
Longs liquidated: $56.51 million, accounting for 89.08%.
Data from the past 12 hours also shows that longs were the main victims, with long liquidations reaching $147.12 million, nearly 79%.
In simple terms: last night, shorts were killed first, and this morning longs were killed again. The market completed an extremely standard “reversal harvest.”
Why can Trump’s一句话 crash the market?
The core
Last night (5/6) at 20:00, the crypto market was originally immersed in a long-lost frenzy atmosphere. Bitcoin (BTC) suddenly surged to $82,860, hitting a new high since January 31, and market sentiment quickly heated up; Ethereum (ETH) also rose to $2,411, with funds clearly flowing back into risk assets. Many investors initially expected BTC to have a chance to further challenge the $85,000 threshold. However, just a few hours later, the situation suddenly reversed. U.S. President Donald Trump posted on Truth Social warning: “A ceasefire agreement is a big assumption,” and threatened that if Iran refuses to reach an agreement, the U.S. will launch “more intense” military strikes. One sentence, directly quenching market enthusiasm. Bitcoin then quickly retreated from around $83K , dropping to a low of $81,108; ETH also sharply fell from its high to $2,328, with a significant short-term decline. The bulls who were still celebrating the breakout suddenly faced a “high-level reversal.” BTC surged high then sharply dropped, ETH’s decline was even more severe. As of this morning (5/7): BTC’s 24-hour decline narrowed to -0.07%, now around $81,108; ETH down 1.73% in 24 hours, touching a low of $2,314; SOL rose against the trend by 2.06%, at $88.32; XRP slightly increased by 0.29%, maintaining sideways consolidation. From the market data, although BTC’s decline was limited, market sentiment has already weakened significantly. Especially ETH’s retracement was deeper, indicating that high-risk assets are the first to be sold off by funds.
And this time, the real carnage was not in the price but in the derivatives market. 131k people liquidated, $510 million evaporated instantly!
According to CoinGlass data, in the past 24 hours, the total liquidation amount reached $510.5 million, with over 131k forced liquidations. The largest single liquidation came from Binance’s BTCUSDC contract, amounting to $6.13 million.
What’s more noteworthy is that this market staged a very typical “two-way harvest.”
First stage: Short squeeze
Last night, when BTC broke out strongly, a large number of shorts were liquidated. In the past 24 hours, short liquidations totaled $291.88 million, accounting for 57.2% of total liquidations. In other words, the night’s rally was largely driven by a “short squeeze.”
Second stage: Long liquidation
But just as market sentiment turned completely optimistic, Trump’s post directly changed the direction. Within nearly 4 hours, total liquidations on the entire network reached about $63.44 million, including:
Longs liquidated: $56.51 million, accounting for 89.08%.
Data from the past 12 hours also shows that longs were the main victims, with long liquidations reaching $147.12 million, nearly 79%.
In simple terms: last night, shorts were killed first, and this morning longs were killed again. The market completed an extremely standard “reversal harvest.”
Why can Trump’s一句话 crash the market?
The core
