BREAKING: Bitcoin falls -$4,000 in 2 hours as mass liquidations return.
— The Kobeissi Letter (@KobeissiLetter) December 1, 2025
$400 million worth of levered longs have been liquidated over the last 60 minutes. pic.twitter.com/qKB7MYJapu
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2 responses to “Bitcoin”
Wait, you’re saying that electrons backed by nothing, and existing ONLY so long as the power and internet are running, can massively lose “value” in an instant….LOL
I wonder what they are purchasing with the proceeds? Could it be hard money?