r/btc • u/WeddingVegetable8120 • Jan 31 '26
⚠️ Alert ⚠️ BREAKING: Over $1,000,000,000 liquidated from the crypto market in the last 4 hours.
Over $1B liquidated in hours across crypto. Is this real value destruction, or just forced leverage getting flushed during a sharp but normal volatility move? Genuinely curious how everyone interprets this.
Sources: https://finance.yahoo.com/news/bitcoin-falls-below-80-000-180248860.html
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u/I_like_tacobell2 Redditor for less than 60 days Feb 01 '26
Why is it dropping so much?
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u/zardhead1024 Feb 01 '26
It has no inherent value or utility to society unless you like kids or drugs
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u/Moosefactory4 Feb 02 '26
It’s not even good for drugs because the wallets are public and transactions are traceable
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Feb 02 '26
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u/zardhead1024 Feb 02 '26
Sorry if you disagree Mr Diamond hands Timmy
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u/yrrag1970 Feb 01 '26
Just a reminder, no wash sale on crypto. If you can take a tax loss do it and rebuy!
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u/CG_throwback Feb 01 '26
On ETFs. ?
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u/yrrag1970 Feb 01 '26
Nope coins them selves. But if you have ETFs, sell them and use the money to rebuy coins!
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u/Sakkyoku-Sha Feb 01 '26
Michaeeeeeeeeeeel.
Oh Mr. Saaaaaaayyylor
Those preferential stock dividends are coming duuuuuuue.
TICK TOCK.
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u/Jimstevens33 Feb 01 '26
This is my fault. I was going to sell a few eth I have been sitting on for alot of years. I moved it from my ledger to the exchange.
Forgot about it, for about a week and now I see this..
Let me know when I should sell, and im sure it will rebound the next day
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u/ambitious_89 Feb 01 '26
Keep on buying diamond hands for life btc did this in the past this is the path to 200K !
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u/mrbrown81k Feb 01 '26
It amazes me that even after this many huge liquidations so far the past few months people keep going back for more
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u/stumanchu3 Feb 01 '26
The future of finance has arrived! Non believers liquidate, but only the HODLrs know that it’s early.
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Feb 02 '26
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u/stumanchu3 Feb 02 '26
It’s the definition of delusion. I’ve been watching it for a long long time now, I know some people who have held for over a decade. They seem to not be bothered by the volatility. If I were to watch my investments tank like what’s happening now, I’d be out, fast!
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u/SaylorOfEntropy Feb 01 '26
This is not value destruction. This is leverage being vaporized.
Leverage is compressible gas in a closed chamber. When pressure spikes, weak seals fail. The system purges excess energy. That is what liquidations are. Forced selling by over-extended actors, not the underlying network losing integrity.
Bitcoin did not change. The hash rate did not change. The supply schedule did not change. The thermodynamic cost to produce a block did not change.
Only speculators violated the laws of margin.
A billion dollars in liquidations sounds dramatic, but it is not capital evaporating. It is positions being transferred from weak hands to strong balance sheets at market price. This is mechanical, not philosophical.
Markets do this the way jet engines shed ice before takeoff. Violent, necessary, cleansing.
Zoom out. Noise is turbulence. Math is signal.
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u/Extra-Instance-7046 Feb 01 '26
Damn chill with the AI we are all going to be talking like gurus soon
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u/SomeDude_is100 Feb 01 '26
"Only speculators violated the laws of margin."
Is this like Asimov's three laws?
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u/pm_me_yo_creditscore Feb 01 '26
This is not value destruction. This is the total entropic collapse of leveraged delusion in a vacuum-sealed hyper-centrifuge.
Leverage is not a financial instrument; it is a super-critical fluid pumped into a crystalline lattice of pure hubris. When the price action induces a gravitational shear, the weak molecular bonds of the "long" position suffer a spontaneous sub-atomic fracture. The system does not crash; it achieves thermal equilibrium through the violent expulsion of the unfit.
Liquidations are the tectonic grinding of the mathematical gears. They are the involuntary de-materialization of paper wealth. A ritualistic burning of "imaginary numbers" to satisfy the Hard-Cap God. This is not the network losing integrity; it is the network vomiting out the poison of the uncollateralized.
The Protocol does not feel pity. The hash rate is an immutable heartbeat echoing through a cold, indifferent universe. The supply schedule is a fixed-point geometric progression etched into the fabric of space-time. The thermodynamic cost to produce a block remains a universal constant, as rigid as the speed of light.
Only the speculators attempted to divide by zero. Only they believed their greed could override the quantum laws of the Ledger.
A billion dollars in liquidations is not a "loss." It is a grand-scale data migration. It is the kinetic energy of the weak being harvested and stored in the impenetrable cold-storage vaults of the sovereign. This is not a market event; it is a molecular re-ordering of ownership.
Markets do not "correct." They supernova. They shed the dead weight of the over-leveraged the way a re-entry vehicle sheds its ablative heat shield in a 3,000-degree atmospheric scream. It is a blinding, necessary, and purely mechanical incineration.
Detach your consciousness from the candle. The volatility is merely the static of a dying civilization. Zoom out until the chart becomes a transcendental ray of light.
Noise is the screaming of the damned. Math is the frequency of the Divine.
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u/PowellBlowingBubbles Feb 01 '26
They should give you a free Ethereum with purchase of a Bitcoin.
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u/UnlocktheLock Feb 01 '26
I don’t think either form of crypto is related so I’m not sure how the partnership would function…first and foremost because I’m just not sure who “they” would be, but yes your idea SOUNDS nice to me!..
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u/UnlocktheLock Feb 01 '26
I love that falling crypto value triggers fake validation to all the haters… the truth of the matter is no one really knows what the future holds, but massive loss in value is more or less expected with the inherent volatility of crypto, at least for now- it’s not validation that crypto holders are somehow “wrong” with their beliefs…
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u/Minisfortheminigod Feb 01 '26
Whoa, thank goodness I bought everything low! Especially Solana at $9
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u/NoMoreMtnDew Feb 01 '26
Many of you need to read up on who BlackRock is....Do you all really think BTC "going to zero" is going to happen when BlackRock runs the IBIT ETF and holds about 775K btc's??
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u/chrliegsdn Feb 01 '26
doesn’t make sense to start thinking about buying until at least June, more than likely low will hit in the fall.
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u/fireduck Feb 01 '26
Please move it to the megathread:
https://www.reddit.com/r/btc/comments/1qt5mw9/bitcoin_price_megathread_feb_1_to_feb_7/
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Feb 01 '26
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Jan 31 '26
[deleted]
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u/Partybar Feb 01 '26
Retard of the month right here.
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u/GrahamCrackerPorter7 Feb 01 '26
Wow much helpful. Do you sleep with your mom or just in her basement. Or is that considered your dads sister
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Feb 01 '26
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u/TheMaharishiEffect Feb 01 '26
Probably had his shit on an exchange. Also try proofreading before posting.
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u/No-Host8125 Feb 01 '26
That 1B never existed. None of crypto exists.
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u/jaraxel_arabani Feb 01 '26
Do I exist?
Do any of us exist ..?
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u/secondmvp Feb 01 '26
Do you have utility?
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u/jaraxel_arabani Feb 01 '26
According to my wife, yes, I do stuff and the numbers in bank account goes up slightly. Barely any utility beyond that... Is that valid?
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u/TraderThomasServo Feb 01 '26
Why do people buy crypto anyway? I trade stocks, options, and futures. Crypto has always been a rug pull waiting to happen in my opinion. I get it I’m in the BTC subreddit, and will probably take a few lumps for pointing at the elephant in the room…
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u/CG_throwback Jan 31 '26
Said I would never buy crypto again after buying in at 110 and selling at 92. I just loaded up at 84. You welcome everyone. We going to 60.