
Bitcoin dropped to a six-week low of approximately $76,400 on October 30, triggering around $1.5 to $1.6 billion in total liquidations across the network, with over 80% coming from long positions. Much of the downward pressure stemmed from forced liquidations of leveraged longs. When market shocks meet high leverage, price declines are amplified. Your leverage multiple determines whether you can survive a day like this. #BTC
