<ul><li>The online dispute between Elon Musk and Donald Trump led to a risk-off sentiment in both traditional equities and digital assets.</li><li>The conflict started with Musk criticizing Trump's economic stance, causing a sharp decline in Tesla shares and leading to Bitcoin dropping to $101,000 and Ethereum falling below $2,400.</li><li>Whale transactions highlighted by CryptoQuant showed a deposit of 2,500 BTC on Binance and a transfer of 80,000 ETH to derivatives platforms, suggesting preparations for leveraged short trades.</li><li>The market turmoil resulted in over $150 million in long liquidations on Binance, emphasizing the dangers of overleveraging during times of macro uncertainty.</li></ul>

2,500 BTC and 80,000 ETH Flood Exchanges Amid Musk–Trump Clash

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