The $80k line snapped, and leverage screamed.
By Maxime Laurent · 2026-02-01 09:18
The $80k line snapped, and leverage screamed.
$650M liquidated in one hour, $2.5B in a day. That’s not selling — that’s forced amnesia.
Yesterday, when $BTC slipped below $80,000, the market didn’t hesitate. In just one hour, around $650M in leveraged positions got wiped. Zoom out a bit and the damage hits $2.5B over 24 hours. This isn’t fear clicking “sell”. This is math pulling the plug.
Liquidations are violent because they’re automatic. No opinions, no emotions, no mercy. Price dips → margin calls → forced selling → deeper dips. A perfect negative feedback loop. And every cycle, people forget how fast it accelerates once a key level breaks.
What always strikes me is how silent it feels afterward. After the cascade, things calm down. Volatility compresses. The market exhales. Leverage gets cleansed, weak structures collapse, and suddenly price movements make sense again.
This isn’t bullish or bearish by default. It’s structural. Crypto reminding everyone that leverage is borrowed confidence. And borrowed confidence has a brutal interest rate. Aïe. 😬
#bitcoin #crypto #liquidations #leverage #markets #volatility #derivatives #risk
$650M liquidated in one hour, $2.5B in a day. That’s not selling — that’s forced amnesia.
Yesterday, when $BTC slipped below $80,000, the market didn’t hesitate. In just one hour, around $650M in leveraged positions got wiped. Zoom out a bit and the damage hits $2.5B over 24 hours. This isn’t fear clicking “sell”. This is math pulling the plug.
Liquidations are violent because they’re automatic. No opinions, no emotions, no mercy. Price dips → margin calls → forced selling → deeper dips. A perfect negative feedback loop. And every cycle, people forget how fast it accelerates once a key level breaks.
What always strikes me is how silent it feels afterward. After the cascade, things calm down. Volatility compresses. The market exhales. Leverage gets cleansed, weak structures collapse, and suddenly price movements make sense again.
This isn’t bullish or bearish by default. It’s structural. Crypto reminding everyone that leverage is borrowed confidence. And borrowed confidence has a brutal interest rate. Aïe. 😬
#bitcoin #crypto #liquidations #leverage #markets #volatility #derivatives #risk
Disclaimer: This content is for informational purposes only and not financial advice.