$BTC

$BTC What Happened?

- *High leverage + extreme volatility = instant destruction*

- Market likely saw a *sharp move (either a pump or dump)* that crushed overleveraged traders

- Both *longs and shorts* may have been caught, depending on the move direction

🔍 What Is a Liquidation?

When traders use leverage (borrowed capital), and the market moves against them, their position gets *automatically closed*.

It’s like a forced exit — and when thousands happen at once, it *amplifies the market crash or spike*. 🧨