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T KobeissiLetter
The Kobeissi Letter
@KobeissiLetter

BREAKING: Yesterday's crypto liquidation led to Bitcoin's first ever $20,000 daily swing. Bitcoin alone erased -$380 BILLION in market cap over just 8 hours. That's more than the market cap of all but 25 public companies in the world. x.com/KobeissiLetter/status/19…

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It's official: Crypto just saw its LARGEST liquidation event in history with 1.6 MILLION traders liquidated. Over $19 BILLION worth of leveraged crypto positions were liquidated in 24 hours, 9 TIMES the previous record. Why did this happen? Let us explain. (a thread) https://x.com/KobeissiLetter/status/1977005754289996073/photo/1

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107 replies collected of 177 X reports
D C @sith14 ·

@KobeissiLetter Bitcoin is trash

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The Master Builder @KingsProtocol · 52K

Bitcoin just made history— Not in price, but in volatility. A $20,000 swing in a single day. $380 billion evaporated like breath on glass. Eight hours. Gone. This isn’t just a dip. It’s a reshuffling of power. The impatient got punished. The overleveraged got erased. The shorts got greedy. The weak got flushed. But the trend? Still intact. The macro? Still bullish. Bitcoin’s strength isn’t in stability. It’s in survival. Every purge reveals the ones who panic And the ones who prepare. When this stabilizes, When the market calms, You’ll wish you had more, Not less. You don’t build kingdoms By timing noise. You build them By reading the cycle And holding the line. — The Master Builder 👑 @KingsProtocol

Crypto with Haris ₿ @Crypto__Haris · 59K

@KobeissiLetter This is historic. Traders who survived this are sitting on a huge opportunity for Q4 setups.

Praveen Shokeen @Praveen050359 ·

@KobeissiLetter Bitcoin doing cardio, burning $380B in 8 hours flat. 🏃‍♂️💨

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Voyager @pipvoyage ·

@KobeissiLetter If we had a $20k swing then a $50k swing is possible

Namra Patel 🇮🇳 @NamraPatel__ ·

@KobeissiLetter Hey dad, weekend coming up. Lets make some money by taking short positions in the market. Then buy calls by reversing the statment sometime next week. Dad : Hell ya, lets time the market. x.com/NamraPatel__/status/1977…

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Ken Schumacher @Ken_Schumacher ·

@KobeissiLetter Buy the dip

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Craig Warner @Craigwarner12 ·

@KobeissiLetter Bitcoin spot market only got down to $107,000. 10% drawdown from the highs.

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The White Lion @_TheWhiteLion__ ·

I think yesterday was the “sub prime” canary in the coal mine for the markets The shittiest/worst part of the market collapses first. Then it starts off a contagion effect. No idea which big hedge funds and players were liquidated yesterday. The effects will be more visible next week.

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Charan  @Only1Charan ·

@KobeissiLetter $BTC is strong , no need to worry , buy the dip ! x.com/Only1Charan/status/19770…

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Andrea Lisi, CFA @Andrea_Lisi_CFA ·

@KobeissiLetter Absolute values don’t mean anything. It is all about the second derivative

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samajemba @samajemba ·

@KobeissiLetter I think Trump put a short before announcing lol 😂

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GainzAlgo @gainzalgo · 12K

@KobeissiLetter We have been tracking volatility, the tracker went off hours before the chaos data saw it first 📈

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Masha @mashaweb3 ·

@KobeissiLetter $380B wiped out in a single day is insane

Fabio Valentini Fan @Skydiver649507 ·

@KobeissiLetter China is trying to hurt our Economy and starting dumping their bitcoin, hurting along every fortune 500 company thats holding BTC. Was not an accident BINANCE went offline either. All intentional. Should ban china from purchasing anything in US Market of manipulation grows.

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Masha @mashaweb3 ·

@KobeissiLetter Bitcoin volatility at its absolute peak

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GainzAlgo @gainzalgo · 12K

@KobeissiLetter Bitcoin just moved like a small country’s GDP in 8 hours 💀🌍

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Solution 21 Million #BIP-110 @Solution21Milli ·

@KobeissiLetter Its just a glimmer of $100,000 candles after it reaches $1.0Mil and beyond.

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SPS @syukrisolana ·
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Home @homeMetaX · 10K

@KobeissiLetter This looks planned

Jake @ElSatoshi6699 ·

@KobeissiLetter Shit was fun!!

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BobaCrypto @BobaCrypto424 ·

@KobeissiLetter any particular reason for this event, beside the obvious one?!!

Tamas Nagy  Trade on the Market @TamasNagyExec ·

@KobeissiLetter "Bitcoin is safer than gold, the real value and stability in the financial world" ... they said....

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KAOS @ahellofaride ·

@KobeissiLetter How is this «breaking» when it’s a day old and even you have 10 plus posts about it. Literally no new information here, you just didn’t connect the dots before now

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Martin Rivera @MartinR66803484 ·

@KobeissiLetter So Crypto is NOT decentralized and is NOT a good hedge

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John Bold @Johnbold2022 ·

@KobeissiLetter I believe this Bitcoin crash was well played out by some investors

Dimitrios Paolo @dimitriospaolo ·

@KobeissiLetter it was a wiped out demolition. they took out a lot of leveraged longs. whoever didn't place a stop loss likely regretted it. that's why stops even exist in the first place...

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Bull @ForeverLongBull ·

@KobeissiLetter Buy the dip.

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The Crypto Professor @TheCryptoProfes · 17K

@KobeissiLetter healthy reset for long term price discovery

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MH @elchinmelik114 ·

@KobeissiLetter While panic filled the charts, the CULT moved in silence. No fear. No noise. Only accumulation. We don’t run from the storm we build through it. HwPtbFpd3VTe3tfyosoVtPf9WPuSk5gAKkN5xp6Npump $🟥🟩 @Epileptic_CULT x.com/elchinmelik114/status/19…

MortgagesByM @MortgagesByMB ·

@KobeissiLetter Somewhere, a trader just explained this to his wife as ‘healthy volatility.’ Yesterday was wild.

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Reset.sui @Reset_sui ·

@KobeissiLetter Wow nice facts

Ilesanmi Titilayo Beatrice @Titilayomi1106 ·

@KobeissiLetter Whoa! 😳 A $20K daily swing wiping out $380B in just 8 hours is insane—crypto volatility at its absolute peak.

Max Tater @MonkeyBulldoggy ·

@KobeissiLetter Bitcoin holders fine. Alts and leveraged traders got crushed.

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JeebsTX 🇺🇸 @JeebsTX ·

@KobeissiLetter and folks that makes me 💩 my pants … I am still not hedged in my accounts Thai ain’t no one day roller coaster 🎢

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Kai - Briefing Block @briefing_block_ ·

@KobeissiLetter About 1.6 million traders were liquidated—~$19B in 24 hours, the largest on record—with roughly $16.6B from longs, and bitcoin perp open interest dropped ~$7–8B (≈25–30%) as funding flipped deeply negative—classic forced-seller cascade mechanics behind that $20k swing.

Spade0131 @Spade0131 ·

@KobeissiLetter That wick is probably going to fill and when it does it's going to create more panic.

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wits Frester @Rechtsextr073 ·

@KobeissiLetter So what is the link to gold now?? There is no digital gold en no f*cking link

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CRISPRKing @CRISPRKING · 11K

This is the crucial context. The $380 billion was erased in 8 hours—a destruction rate of over $47 billion per hour. For comparison, the Lehman Brothers collapse unfolded over 72 hours. This wasn't just a crash. It was a time-compressed financial crisis, accelerated by leverage and the absence of any circuit breakers.

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Kjell @dirtypols ·

@KobeissiLetter Crypto is one giant scam.

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Not Jerome Powell @alifarhat79 · 1.7M

@KobeissiLetter Crazy stuff going on

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Austin Based @Austin__Based · 21K

@KobeissiLetter Hopefully the next record will be green.

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JJS @JJS36038159 ·

@KobeissiLetter News hits, market pukes, risk gets cheap.

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Don Lopez @CryptoDonLopez ·
Viper @DP3188144159988 ·

@KobeissiLetter Price is back to where it was 7 days ago and it was a -10% move. Ppl acting like it went to zero and a ten percent move has never happened. I wonder about some of you smh

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Kroohh @Kroohh1 ·

@KobeissiLetter Achievement unlocked.

Spirit Warrior @GR8bodiesFitnes ·

@KobeissiLetter Cycle over. Move into commodities, stocks, bonds, treasuries. Wait 3.6 years.

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Victor G. Dimov @DimovVictor ·

@KobeissiLetter Insane movement

10 replies whose parent comment X withheld

Tamas Nagy  Trade on the Market @TamasNagyExec ·

@rellymarisna @KobeissiLetter Not very stable, though..

Tamas Nagy  Trade on the Market @TamasNagyExec ·
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"Sandy" The Sand-Man @DreamingCity7 ·

@KobeissiLetter “Aware of the potential chaos that could ensue if their secret were to be disclosed, SV17q or whatever the name you want to call them, has embarked on a calculated mission to protect their interests and maintain the status quo. I don't think SV17q is composed of elite members

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"Sandy" The Sand-Man @DreamingCity7 ·

@KobeissiLetter from various sectors like technology, finance, government, and academia. SV17q is something different, operating in the shadows, wielding immense power and influence by non-human means. It understanding of cryptography as a fraud is not merely a revelation; it is a strategic

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"Sandy" The Sand-Man @DreamingCity7 ·

@KobeissiLetter advantage that allows them to manipulate global systems to their benefit. To prevent the disclosure of their secret, SV17q has created created a web of misinformation and control. First and foremost, they invest heavily in discrediting any voices that threaten to expose the

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"Sandy" The Sand-Man @DreamingCity7 ·

@KobeissiLetter truth. This involves orchestrating campaigns against whistleblowers and researchers who begin to question the efficacy of cryptographic systems.” x.com/DreamingCity7/status/197…

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Tamas Nagy  Trade on the Market @TamasNagyExec ·

If they lied, they actually did right. Because they focused on their own benefit. Which is the exact thing all of us should do. Once we ensured our own safety, we can take care of others if we want. At the end of the day, this is humanity. And we are human. It's time to play the game on the human way.

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