[Watcher Guru] JUST IN: $500,000,000 liquidated from the crypto market in the past hour.

A sudden market-wide selloff liquidated $500 million in crypto positions within one hour, driving Bitcoin below $69,000, Ethereum under $1,950, XRP beneath $1.01 and Solana below $80. The cascade hit major tokens simultaneously, underscoring how leveraged positioning can amplify drawdowns across large-cap assets. The scale of the liquidations matters because forced selling can deepen price declines and accelerate volatility beyond the initial trigger. Traders will now watch whether BTC holds the $69,000 area and whether funding rates and open interest reset enough to stabilize the market.