#MarketPullback
Bitcoin plunged over X% (fill in actual %), crashing through key support levels and triggering mass liquidations. The price freefall left traders stunned, with over $XXX million in long positions wiped out across major exchanges.
Top 5 Reasons Behind the Dump:
1. Market-Wide Panic
Risk-off sentiment hit all markets today. Global uncertainty, weak economic data, and fears of tightening monetary policy caused investors to flee from volatile assets — and Bitcoin was first on the chopping block.
2. Whale Activity
Large wallets moved thousands of BTC to exchanges early this morning — a classic signal that big players were preparing to sell. Once the sell walls hit, it sparked a wave of panic.
3. Liquidation Cascade
With leverage at high levels, the sharp move down triggered automatic sell-offs. Overleveraged traders got liquidated, accelerating the drop and making it harder for the market to find a floor.