$ETRA
Heating UpSnapshot Window: 2026-08-01 09:50 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 6, Retweets: 1, Likes: 8, Impressions: 91
Verbatim Community Citations & Social Evidence 1 source posts analyzed
Bitcoin drops $3K in 12 hours, triggering $100M in liquidations $BTC plunged to ~$62.3K on July 31, cutting monthly gains from ~10% to 4.5% and wiping ~$40B off market cap. โข $100M longs liquidated (24H spike) โข ~$360M total liquidations across crypto โข Macro boost fades
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AI visual note: A CoinGecko price chart shows Bitcoin (BTC) trading at $62,988.30, up 3.7% in 24 hours, with a 24-hour range of $62,425.03โ$64,430.01 and a market cap of $1.264T, illustrating the sharp drop referenced in the post. The chart's late-July decline to around $62K visually supports the article's claim of a $3K plunge and $100M in long liquidations.