According to @BullTheoryio, Bitcoin pumped $3,000 on Sunday night and broke $90,000, liquidating $103 million in shorts (source: @BullTheoryio). By Monday morning it dropped $2,700, liquidating $40 million in longs and fully erasing the prior move, for an estimated $143 million in liquidations across both sides (source: @BullTheoryio).

According to @BullTheoryio, BTC fell $2,000 from $89.7k to $87.7k, triggering $171 million in long liquidations, then rebounded $3,500 to $91.2k, triggering $75 million in short liquidations, all within four hours (source: @BullTheoryio on X). According to @BullTheoryio, the moves occurred during a low-liquidity weekend and were characterized as manipulation aimed at wiping out leveraged longs and shorts (source: @BullTheoryio on X).