The $1B Liquidations Flash-Crash: Long Positions Decimated as Bitcoin Violently Tests Sub-$59K Lows Before Limping Back to Secure the $61,000 Floor
The relative calm of the summer consolidation corridor has been completely torn to shreds by a high-velocity, systemic de-leveraging event. In a brutal validation of the market's thin summer liquidity, Bitcoin experienced a catastrophic intraday flash-crash, slicing straight through psychological thresholds to violently test a multi-month low near $59,000.
















































