@gijk0729k
𝗜𝗳 𝘆𝗼𝘂’𝗿𝗲 𝘄𝗼𝗻𝗱𝗲𝗿𝗶𝗻𝗴 𝘄𝗵𝘆 $BTC 𝗮𝗻𝗱 𝗮𝗹𝘁𝘀 𝗱𝗿𝗼𝗽𝗽𝗲𝗱 𝗵𝗮𝗿𝗱 𝗧𝗢𝗗𝗔𝗬, 𝗵𝗲𝗿𝗲’𝘀 𝘄𝗵𝘆 🚨
This wasn’t random, crypto got hit from all sides:
• Politics & Trade:
– US announced 10% tariffs on Europe from Feb 1 over Greenland tensions
– If no deal, tariffs could go up to 25%, causing bigger sell offs
– EU is preparing $100B in retaliation, bringing trade war fears back
• Market reaction:
– $BTC dropped $3,600
– $546M in long positions were wiped out in minutes
– $130B lost from total crypto market in just 90 mins
– Gold pumped to a new record $4,700 as investors looked for safe places to keep money
• Big sellers & exchanges:
– Bybit: 3.3k $BTC
– Coinbase: 2.4k $BTC
– Wintermute: 4.2k $BTC
– Around 10k $BTC sold in just 1 hour ($4B)