Harzheus

Imagining a Bitcoin bloodbath in late 2025 means visualizing one of the sharpest and most dramatic crashes in crypto history, with prices dropping precipitously and investor sentiment shifting to extreme fear.
What a Bitcoin Bloodbath Looks Like
- Bitcoin crashed from an October all-time high around $126,000 to just above $100,000 in November, wiping out more than 20% in weeks and erasing about $1 trillion in total crypto market cap across digital assets.
- Ethereum, Binance Coin, and major altcoins followed suit, with double-digit losses—some tokens lost up to 80% of their value in hours as billions in leveraged trades were liquidated.
- The market reaction saw over $19 billion in leveraged positions liquidated, exchange glitches, and spiking derivatives "put/call" ratios, showing traders bracing for more downside.
Market Fallout and Effects

- Investor confidence was deeply shaken by the rapid fall, and analysts warned of a wave of bankruptcies, layoffs, and defaults within crypto startups, funds, and exchanges.
- Exchange inflows increased as whales appeared to accumulate, but buy pressure was overwhelmed by panic selling, leaving Bitcoin barely stabilized above $100,000.
- US regional banking fears and global trade tensions contributed to the flight away from risk assets—including crypto—causing further drawdowns in altcoins like Solana, Cardano, Dogecoin, XRP, and Tron, which dropped 4%–9% in a day.
Causes and Catalysts
- The crash was triggered by a wave of liquidations (over $1 billion), technical glitches on major exchanges (ex. Binance), and external financial stress like the Fed’s emergency cash injections and China’s policy changes
- Systemic risk loomed large, as observers said the domino effect could obliterate both retail investors and institutional capital in DeFi and crypto platforms
If You Imagine Further

- Memecoins and speculative tokens (like Trump Coin) saw single-day falls up to 80%, with investors left holding illiquid assets
- The market climate strongly resembled past flash-crashes induced by regulatory crackdown fears (like in South Korea and China), illustrating how easily even huge markets can unravel when panic and liquidity risks combine
A Bitcoin bloodbath in the current climate is defined by stunning price collapses, mass liquidations, capital flight from risk assets, and cascading losses across the sector—impacting both individual traders and major funds alike.

【Midnight Bloodbath! A Complete Analysis of Bitcoin's Plunge at Dawn】Don't panic, the truth is here!📉
Did you see last night's market? The drop at $BTC was explosive, causing chaos in the entire circle! The backend was instantly overwhelmed, with screens flooded with: “What happened? This drop is too severe, right?!”
👉 But to be honest, this market has never had a “mysterious” crash—every sharp fluctuation hides a clear logic of funds behind it!
💸 Many people only focus on the red and green numbers on the K-line chart, neglecting the “blood system” that determines the market's life and death: liquidity.
🔥 The real trigger for this crash came from the U.S. Treasury market!
🇺🇸 The U.S. government's “shutdown crisis” continues to loom, and the Treasury's TGA account (“Treasury wallet”) is nearly depleted—money in the market was already tight. As a result, last night's $163 billion U.S. Treasury auction directly played out like a “super siphon,” drawing large amounts of risk-averse funds into the bond market!
🌪️ All the money has gone to U.S. Treasuries, so high-risk assets like Bitcoin naturally faced a “bloodless” sell-off!
❄️ To make matters worse, Federal Reserve official Goolsbee released “hawkish remarks,” and the market's expectations for a rate cut in December were almost doused with cold water—funds could only choose to flee!
💥 So what you're seeing is the collapse of coin prices, but the essence is that liquidity is being drained in an instant!
🚨 But I must say: Don't let panic throw off your rhythm! This is not the end of the world, just the market “changing blood”!
🌊 Liquidity is like the tide; the more violently it recedes, the more fiercely it rebounds. Once the U.S. government resumes operations, TGA accounts recover, and reverse repurchase policies are eased... those funds that were siphoned off will eventually turn back into the market!
💡 I am too familiar with this cycle. Every crash leads to people cursing at the market, cutting losses, and exiting—but they often overlook one thing: a drop is an opportunity to change hands; panic is an emotional release.
🎯 Those who can truly navigate bull and bear markets are always watching the flow of funds, not the rise and fall of prices.
🛎️ Remember this phrase: When others are fearful, I am greedy, waiting for the next round of market activation!
📌 Once the market shows clear signs of a return flow, I will synchronize strategy deployment at the first opportunity. Follow me, and don’t miss the critical moment!
💬 What do you think of this market wave? Let’s chat in the comments!$BTC