Bitcoin (BTC) Flash Crash Drives $1.8B in Liquidations

Bitcoin briefly fell below $77,000 during a flash crash that drove $1.8 billion in liquidations. Strategy's 840,447 BTC holdings flipped to a roughly $3 billion paper profit. The sharp price drop triggered widespread liquidations across the market, highlighting volatility. Despite the crash, Strategy's long-term position remains profitable, underscoring the resilience of major holders.