1. Bitcoin Flash Crash Shakes Market
A sudden "flash crash" in Bitcoin prices earlier today wiped out $310 million in long positions. Analysts traced the plunge to a massive sell-off by a single Bitcoin "whale" shifting holdings from Bitcoin to Ethereum, highlighting the power of large players in the market.
2. Crypto Market Liquidations Surge
Across the crypto landscape, over $650 million in liquidations have piled up. Leading losses came from tokens including Ethena, Lido, and Pump.fun—signaling heightened bearish momentum and broad selling pressure.
3. Bitcoin Dips Below 113,000 USDT
As of today, Bitcoin slipped below 113,000 USDT, trading around 112,935 USDT, marking a roughly 1.85% drop in the last 24 hours. A Wrapped Bitcoin (WBTC) wallet holding nearly 29.7 WBTC (~$3.41 million) was liquidated, underscoring growing volatility.
4. Caution: Crypto in Retirement Funds
Experts are urging caution around crypto in retirement plans. They argue that even small allocations (1–5%) of volatile assets like Bitcoin and Ethereum in 401(k)s can introduce unnecessary risk and complexity. Instead, they recommend using brokerage accounts, Roth IRAs, or discretionary income.