Epic! Massive loss liquidation spotted! On February 5th, the adjusted realized loss for BTC hit a record-breaking $3.2 billion. After seeing this, everything before feels like small potatoes. Neither the Luna crash, FTX collapse, nor black swan events like 3/12 or 5/19 ever triggered such a massive wave of loss exits. There was a similar case on 2025.11.21, but back then, Coinbase adjusted wallet data afterward. This time, it seems to be genuine panic... Looks like 'world records' are meant to be broken. It’s been years since we’ve seen BTC drop like this without a black swan event as the trigger. I think history will remember this day! (Some friends think it should be calculated in BTC terms, but that’s a misunderstanding. BTC’s price is dynamic, and only calculating in USD value can truly measure the market’s panic-induced pressure at the time.)