Whale Sell-Off Triggering a Flash Crash
A major contributor to the market drop was a significant sell-off by a single large holder (“whale”), offloading approximately 24,000 BTC. This triggered significant forced liquidations and panic selling. Across the market, liquidations totaled over $838 million, including roughly $273 million in Bitcoin and $296 million in Ethereum.
Don’t Panic-Sell at the Bottom
• Most dumps are sharp but temporary. Whales and institutions often use fear to buy cheaper.
.If you sell now, you lock in losses.
Look at where Bitcoin and Ethereum are finding strong buying zones (e.g., near 108K BTC and 4.3K ETH right now).
• If support holds, recovery is likely.