Welcome to weekend manipulation Sudden dump in the last 60 minutes. $41 billion wiped out from...
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About the Creator
Ash Crypto is a prominent cryptocurrency influencer and trader on X (formerly Twitter) with a large following focused on market analysis and trading signals. His style is direct, alarmist, and often uses bold claims to highlight volatility, positioning himself as a voice exposing market dynamics. Credibility stems from his consistent crypto commentary, though claims should be verified independently as he is not a regulated financial advisor.
What's This About?
The post describes a sudden cryptocurrency market crash over the last 60 minutes on a weekend, labeling it 'weekend manipulation' where $41 billion was wiped out from the total crypto market cap. It highlights $60 million in long positions liquidated, implying deliberate market manipulation by large players during low-liquidity weekend hours. The attached link likely points to a chart or data visualizing the dump, tapping into common crypto narratives of whale activity and unfair trading practices. Key themes include market volatility, liquidation cascades, and skepticism toward institutional influences in crypto.
🔥Why It's Trending
This post is trending due to the dramatic scale of the dump—$41B market cap loss resonates amid ongoing crypto volatility, drawing traders and investors seeking explanations. Weekend timing amplifies suspicions of manipulation when liquidity is thin and retail traders are active. As of April 2026, with crypto markets still prone to sharp swings, it gains traction through shares, replies, and debates on platform algorithms favoring high-engagement financial alarmism.
💡Fun Facts
- 1Crypto markets often see heightened volatility on weekends due to lower trading volume and fewer institutional participants.
- 2Long liquidations occur when leveraged bets against the market (longs expecting price rises) are force-closed during drops, amplifying sell-offs.
- 3A $41 billion wipeout represents about 5-10% of total crypto market cap in typical bull phases, akin to past flash crashes.
- 4Ash Crypto's posts frequently go viral by quantifying events like this with exact figures from tools like Coinglass for liquidations.
- 5Terms like 'manipulation' fuel community discussions, though regulators like the CFTC investigate but rarely prove intent in spot markets.
📚Read More
Bitcoin Liquidations, Cryptocurrency Liquidations, Real-Time Liquidation Heatmap, Binance Liquidations | CoinGlass
Cryptocurrency liquidation heatmap, total Bitcoin and cryptocurrency liquidation charts, check liquidations for Binance, Bitmex, OKX, Bybit, and exchange liquidations. We provide real-time data for Bitcoin liquidations and exchange liquidations, as well as historical data and charts for liquidations and liquidation heatmaps, giving you comprehensive market information and reference for trading decisions.
Markets | CoinDesk
Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
Live Cryptocurrency Charts & Market Data | CoinMarketCap
Stay updated on the latest cryptocurrency market trends, including Bitcoin dominance, altcoin season, ETF net flows, and real-time market sentiment, all conveniently accessible in one place on CoinMarketCap.
https://www.theblock.co/data/crypto-markets/liquidations
https://defillama.com/liquidations
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