Crypto Market Sees $19B Cleanup
A surprise 100% tariff announcement from President Trump triggered over $19 billion in liquidations, the largest leveraged wipeout in crypto history.
Global crypto markets saw their largest leveraged wipeout on record, with over $19 billion in positions liquidated, following the announcement and a well-timed short by a major crypto whale.
The crash wiped out weeks of speculative gains in both Bitcoin [BTC] and altcoins.
Investors are still in profit, meaning full capitulation and emotional reset haven’t occurred, leaving the community unsure if the market has cleared out all the excess leverage or if more downside is still to come.
- Over $19 billion in liquidations
- Largest leveraged wipeout in crypto history
- Global crypto markets affected
Author's summary: Crypto market faces uncertainty after $19B cleanup.
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