⚡ Wintermute: Triple Macro Shocks Trigger $2.55B Liquidation, Crypto Enters Deleveraging Bear Market Bitcoin wiped out all post-Trump election gains after falling below $80K amid $2.7B in liquidations, according to Wintermute latest report. This sell-off was driven by three macro shocks: 1️⃣ Mag7 tech earnings misses (e.g., Microsoft) cracking the AI narrative 2️⃣ Kevin Warsh’s surprise Fed chair nomination, resetting policy expectations 3️⃣ A precious metals liquidity crash (silver -26% in a day) spilling cross‑asset forced selling In Wintermute’s view, this is organic deleveraging, not systemic collapse. Stablecoin infrastructure remains intact, so recovery could come faster than prior bear markets. As macro fog clears in H2 2026, institutional capital is expected to return. #MAGA #Bitcoin #Liquidation