Record $19B Crypto Crash Exposes the Dark Side of Leverage ‼️
Fresh U.S. tariffs on Chinese goods triggered a $19 billion wave of crypto liquidations, marking one of the largest crashes in market history.
🔻 Bitcoin plunged below $105K
🔻 Ethereum dropped over 12% to $3,500
🔻 Solana, Hyperliquid, and Sui fell 17%, 45%, and 70%
The sudden wipeout followed months of rising leverage across exchanges — with open interest in Bitcoin and Ether up 374% and 160% since January.
When markets turned, overleveraged traders faced mass liquidation within minutes.
