🚨Market Meltdown or Macro Reset?
As news of revived US–China trade talks hit the wire — the first since Trump’s tariff wars — Bitcoin soared back above $97,500. The market smelled détente, and risk-on mode kicked in.
But relief came at a price: over $314.95M in liquidations in just 24 hours. Longs lost $152M, shorts lost $162M — a rare moment of symmetrical carnage.
BTC and ETH were the top liquidation magnets, wiping out $98.12M and $67.65M respectively. Even altcoins like SOL and SUI saw sharp swings.
Binance recorded the largest single liquidation: $8.05M on ETHUSDT.
As macro winds shift, only one rule remains: volatility always wins.
Will the bulls keep control — or is this just geopolitical whiplash in disguise?