21 November 2025 wasnât âjust another dip.â
It was the exact moment the math behind Bitcoin snapped â and the entire market showed its real face.
Hereâs the uncomfortable truth:
It only took $200M of real selling to trigger $2B in liquidations.
For every $1 of actual sell pressure, $10 of borrowed money vanished.
This wasnât a dump.
This was a leverage extinction event.
And hereâs the part nobody wants to admit:
đ 90% of Bitcoinâs market activity is leverage.
Only 10% is real capital.
That â$1.6T crypto marketâ?
Itâs being held up by maybe $160B of actual cash.
One tiny shock⊠and the entire illusion cracked.
But the real plot twist?
Owen Gunden.
Bought BTC under $10 in 2011.
Turned it into $1.3B.
And he sold before the crash â not out of fear, but because he saw the macro fuse burning.
The warning sign didnât come from crypto.
It came from Tokyo:
Japanâs stimulus imploded
Bond yields spiked
Global leverage shook
$20T in borrowed money wobbled
Bitcoin went down with everything else
Same day.
Same hour.
Same contagion.
Bitcoin proved something huge:
Itâs no longer outside the system.
Itâs now part of the global financial machine.
When Japan moves, Bitcoin moves.
When the Fed moves, Bitcoin follows.
The âcrypto rebelâ era is over.
And what comes next is even bigger:
Every crash wipes out leverage.
Every recovery brings in sovereigns, funds, and government buyers â the kind who never sell.
Bitcoin is slowly, quietly transforming into the worldâs next reserve asset.
El Salvador buying $100M during the crash wasnât a meme.
It was a preview of what nations will do next.
Most people still think theyâre buying a rebellion.
But in reality?
Theyâre buying an asset that central banks are starting to protect⊠because Bitcoin is becoming too systemically important to fail.
Adapt now â or get left behind.
đ Current Prices
BTC: $84,697.59 (+1.5%)
ETH: $2,754.79 (+1.62%)
ZEC: â


