WhaleWire founder Jacob King said in a social media post that although Bitcoin fell only 1%, the market has cleared more than $360 million in the past 24 hours, including more than $100 million in the last 60 minutes.
"This phenomenon highlights the over-leveraged market near all-time highs," said Mr. King. "When investors simultaneously flock to exports, the market risks an unavoidable and significant crash."
WhaleWire founder: The current crypto market is overleveraged or at risk of an inevitable major crash
2025-08-18 02:52:00
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