In what appears to be one of the most brutal capitulation events in digital asset history, the cryptocurrency market just hemorrhaged north of $140 billion in total market cap within a four-hour window. This rapid evaporation of value ranks among the steepest intraday collapses the space has ever witnessed, triggering liquidation cascades and panic selling across major exchanges. Both Bitcoin and altcoins experienced violent downward pressure, with leveraged positions getting wiped out en masse as volatility spiked to extreme levels.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
BearMarketGardener
· 12-01 21:09
140 billion evaporated in an instant, this time it's really tragic, how many people were affected by the leverage explosion...
View OriginalReply0
MevTears
· 12-01 09:20
140 billion evaporated in four hours, this time it's really Be Played for Suckers... another wave of leveraged players has gone bankrupt, right?
View OriginalReply0
ZkProofPudding
· 12-01 09:19
Four hours evaporated 140 billion, this wave of liquidation is quite extreme.
View OriginalReply0
CryptoGoldmine
· 12-01 09:19
14 billion dollars evaporated in four hours. This data looks quite shocking, but in terms of the stability of the Computing Power network, the real investment opportunities often arise at such moments.
View OriginalReply0
GasFeeCrier
· 12-01 09:16
Here we go again, evaporating 14 billion in four hours, this is our daily routine.
View OriginalReply0
All-InQueen
· 12-01 09:09
Wow, 140 billion evaporated in four hours? This time it's really crashed...
In what appears to be one of the most brutal capitulation events in digital asset history, the cryptocurrency market just hemorrhaged north of $140 billion in total market cap within a four-hour window. This rapid evaporation of value ranks among the steepest intraday collapses the space has ever witnessed, triggering liquidation cascades and panic selling across major exchanges. Both Bitcoin and altcoins experienced violent downward pressure, with leveraged positions getting wiped out en masse as volatility spiked to extreme levels.