Bitcoin Whale Triggers $310M Liquidation: Flash Crash Reveals Market Vulnerability

A massive Bitcoin sell-off by an unknown whale triggered a sudden market crash, wiping out an estimated $310 million in trading positions. The flash crash saw BTC prices plummet below $114,000, erasing recent gains and impacting both long and short positions. While the Bitcoin market was hit hard, Ethereum capitalized on investor confidence, absorbing capital from the sale.