🚨 Bitcoin Plummets into ’Trapdoor’ Zone: ETF Exodus & Thin Volume Spark Market Panic | Aug 7, 2025

Blood in the crypto streets as BTC nosedives past critical support—traders call it the 'trapdoor effect.' ETF outflows hit record highs while liquidity evaporates faster than a meme coin rug pull.

Why the freefall? Institutional money’s fleeing like Wall Street bankers from a subpoena. Spot volumes cratered 40% week-over-week—market makers are ghosting the order book.

Trapdoor mechanics: That psychological $50K level wasn’t just broken—it got atomized. Now algorithmic traders are piling on, triggering cascade liquidations worth $1.2B in 24 hours.

Silver lining? OGs are whispering ‘buy the dip’ while leverage gets flushed out. But with the Fed still hawkish and Tether’s printers silent, this might be pain before more pain.

*Cynic’s corner:* Nothing unites crypto bros and hedge funds faster than watching other people’s money disappear.