A post by @WatcherGuru on X.

Bitcoin dropped below $65,000 and Ether fell under $1,800, triggering more than $360 million in liquidations across the cryptocurrency market within five minutes, according to Watcher.Guru. The sharp move hit both major tokens simultaneously, underscoring how quickly leveraged positions can unwind during sudden sell-offs. The scale of the liquidation cascade matters because forced selling can amplify price declines and deepen short-term volatility across spot and derivatives markets. Traders will be watching whether BTC holds the $65,000 level and ETH reclaims $1,800, with funding rates and open interest likely to show the extent of the deleveraging.