A post by @WatcherGuru on X.

Bitcoin fell 5.85% and Ethereum dropped 7.45% as a broad crypto selloff hit major tokens, with XRP down 4.95% and Solana down 6.20%. The move triggered over $870 million in leveraged position liquidations within four hours, signaling forced deleveraging across derivatives markets. The synchronized declines across large-cap assets point to a market-wide risk-off shift rather than an isolated, protocol-specific event. Traders will watch whether liquidation volumes ease and whether BTC and ETH stabilize near current levels or extend losses.