Crypto markets saw a brutal flush as $1.6B in liquidations hit futures markets in just 24 hours 93% from overleveraged long positions.

$BTC Bitcoin slipped below the $80K handle, tagging $75,644, while $ETH dropped 7% to $2,243, marking its largest long-side wipeout of the current bull cycle. In total, the market erased $200B in value, reflecting a sudden shift from greed to full risk-off mode.