Yesterday's drop is not just a correction; it's a liquidation storm. Over $1.1 billion 'evaporated' from the market in 24 hours. It was a cascade: the price falls → margin sellers trigger automatic sales → the price plummets even lower.
📉 Who suffered the most?
Long traders (Main victims): More than 570,000 traders saw the message 'Liquidation' on their screens. 90% of all losses were incurred by those who believed in a quick rebound and held long positions with leverage. One 'whale' on the OKX exchange managed to lose $12 million on a single BTC position.
Ethereum ($ETH ) — The main 'anti-leader':
Ether showed weakness yesterday, breaking the psychological barrier of $2,000. Just on ETH, positions worth $355 million were liquidated. Investors were panicking and exiting the asset, fearing that the network upgrade wouldn't save the price.
XRP and Solana ($SOL ):
Altcoins fell faster than the market. $XRP dropped by 21%, while Solana corrected nearly by 12%. For those who entered at the highs in October (when BTC was at $126k), yesterday became a point of capitulation.
MicroStrategy (MSTR):
Michael Saylor's company's shares fell by 12-15%. Investors began to doubt the company's strategy, as the average purchase price of their last BTC batches was around $76,000. Now they are at a 'paper' loss.
📊 Horror numbers (as of February 5-6, 2026):
Bitcoin: touched $63,500 (a drop of almost 50% from the all-time high).
Fear index: fell to 11 (Extreme fear).
Liquidations per hour: At the peak moment, $355 million was wiped out in 60 minutes.
My conclusion: Yesterday the market cleared out excess 'fat' and random passengers. Those who lost the most are the people who neglected stop-losses and risk management.
How did you survive yesterday's storm?
💀 — My deposit waved goodbye.
🛡 — I'm sitting in stablecoins, waiting for the bottom.
💎 — I'm buying more while they give such discounts!
Write in the comments which coin from your portfolio was hit the hardest. 👇
#CryptoCrash2026 #bitcoin #Ethereum #XRP #Liquidation #Write2Earn #MarketUpdate