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$BTC Dump at 2%: A razor worth $300 million!
Just a 2% dip, and the market is experiencing a real apocalypse for leverage traders. In the past 24 hours, 93,905 traders have been liquidated, with total losses amounting to $298.29 million.
American ETFs, MicroStrategy, and the emerging U.S. Strategic Reserve (as part of the GENIUS Act 2025) now hold about 2.85 million BTC. That's nearly 15% of the entire issuance!
As usual, 😎there are two 🤔 scenarios.
Either we now withdraw the remaining liquidity of $80.1k and head to $93k, or, if some kind of force majeure occurs, like a large stablecoin depeg (which is typical on weekends), we might see a retest of the $60–$65k zone.
Please share your thoughts.
#GateSquareMayTradingShare