December didn’t tiptoe into the crypto world — it exploded in.
The month opened with one of the most brutal liquidation waves in recent weeks, sending shockwaves across the global market and reminding traders that volatility never truly sleeps in crypto.
A Brutal Wake-Up Call
Within the first hour alone, the market saw a staggering $311.95 million in liquidations. What’s even more striking is that the overwhelming majority of the damage hit long positions, which absorbed $304.15 million of the wipeout. More than 179,000 traders were liquidated as Bitcoin suddenly dipped into key support zones.
For many traders in Asia, it was a harsh start to the morning. Markets opened with rapid forced closures across major exchanges, creating a ripple effect that intensified the selling pressure.
Bitcoin Leads the Chaos
Bitcoin’s sharp move downward triggered a cascade of long liquidations, reinforcing just how leveraged the market had become. This kind of snap-down event often indicates two things:
Excessive leverage had built up during recent ralliesA reset may have been overdue, and the market just hit the “reset button”
The sudden liquidity flush pushed BTC straight into major support levels — a critical zone now being watched closely by traders across the globe.
Volatility Returns — December Means Business
After a relatively controlled end to November, December has announced itself loud and clear: this month will not be calm.
Liquidation spikes like this often mark a turning point. They can lead to either:
Further panic-driven selling or purchaseA healthier market structure with leverage cleared out, allowing for more stable upside moves
For now, the only guarantee is volatility. And if the first hour of the month is anything to go by, December is gearing up to be one of the wildest months of the year.
Stay alert. Stay disciplined.
December has just begun — and it’s already rewriting the script.
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