1. Bitcoin dropped below $61,000, with the Fear and Greed Index at 12, indicating "extreme fear" in the crypto market.
2. A major whale, "Huang Lizheng," was liquidated 10 times in 8 hours, while another OTC whale accumulated $46.69 million worth of ETH.
3. Geopolitical tensions escalated in the Middle East with Iran threatening to close the Strait of Hormuz and reports of missile attacks in Kuwait and Bahrain.
Crypto Market Plunges, Whale Liquidations, Middle East Tensions Escalate
