The bloody truth of the data:

September 23, Coinglass' liquidation data is shocking—$1.7 billion liquidated across the network in 24 hours, with 403,000 people becoming collateral damage! But this is not a normal market adjustment; it is a carefully planned harvesting by Wall Street in conjunction with the Federal Reserve.
Historical death pattern: after every interest rate cut by the Federal Reserve, cryptocurrencies average a drop of 12.7% within 24 hours.
On-chain data confirms: the moment the interest rate cut news was announced, whales deposited 120,000 BTC into exchanges and simultaneously sold 280,000 ETH.
The biggest conspiracy: Wall Street institutions laid out short positions in advance, using the consensus of 'good news already priced in' to slaughter retail leveraged longs.
Four major officials' hawkish speeches lead to a chain of deaths:

Bostic: "Only one rate cut this year" = Continuous tightening of dollar liquidity
Musalem: "Limited space for rate cuts" = Funding costs remain high
Milan: "Does not support adjusting the 2% inflation target" = Long-term hawkish stance locked in
Hamark: "Neutral interest rate estimate is relatively high" = Difficult to see loose policies before 2026

Impact on the crypto circle of nuclear explosion level:
Shanzhai Coin Massacre: The average decline of high-leverage tokens will exceed BTC by more than 30%
Biggest Black Swan: The October Federal Reserve meeting may reverse the rate cut policy, triggering a second collapse
Strategy:
Act Immediately: Liquidate all leveraged positions and retain more than 60% cash
Death Taboo: Strictly prohibit bottom fishing near 110000, historical data shows that "policy bottom" is always a trap
Hedging is a must: Buy put options expiring in March 2026
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