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💥 100x Leverage Liquidation Wipeout Before White House Crypto Conference 🚨
As the market anticipates the 🏛️ White House Crypto Conference, a massive liquidation event has wiped out high-leverage traders. The latest BTC liquidation heatmap from Coinglass reveals a strategic hunt, targeting 100x leverage positions before the event.
🔍 Key Insights:
✅ 💰 Liquidity Grab: BTC price flash-dumped into key liquidity zones, triggering forced liquidations.
✅ 📉 Major Liquidation Clusters: $86K–$87K region saw heavy liquidation, signaling a stop-hunt before stabilization.
✅ 🏦 Institutional Play: Market makers likely exploited liquidity gaps to shake out retail traders ahead of possible regulatory shifts.
⚠️ What’s Next?
🚨 High volatility expected as the market reacts to regulatory discussions from the conference.
💡 Traders beware – liquidity hunts may continue, targeting more overleveraged positions.
🔗 Stay cautious & manage risk wisely!$BTC