🔴 $BTC Crash Wipes $100B as Whale Sends $6.5M to Binance ⚡
The crypto market just faced a brutal hit, with over $100 billion wiped out in a sudden Bitcoin flash crash. BTC fell sharply, sparking heavy liquidations and shaking traders across the board.
At the same time, a whale transferred 101.1 $BTC , worth about $6.5 million, into a Binance deposit address. Big moves like this often signal incoming sell pressure, and the market reacted fast. Derivatives added more fuel to the bearish fire as funding rates on Deribit turned deeply negative, options activity shifted toward puts, and open interest on Bybit and OKX slipped lower.
Even with the selloff, not everything is red. Metaplanet continues to grow its Bitcoin treasury and recently secured a place in FTSE indexes, while a Hyperliquid trader increased their long position by 82.9 BTC, showing that some players are still betting on upside.
Overall, the mood leans bearish after this massive wipeout, but institutions and bold traders are still keeping the market active. Personally, I think this is a time where patience matters more than chasing fear-driven moves.
Source: Arkham Intelligence