Bitcoin Suffers Flash Crash to $80K on Hyperliquid Amid Market Volatility

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Bitcoin Suffers Flash Crash to $80K on Hyperliquid Amid Market Volatility

BTC dropped by $3K within a minute on Hyperliquid.

By Omkar Godbole

Nov 21, 2025, 9:41 a.m.

FastNews (CoinDesk)

What to know:

• BTC dropped by $3K within a minute on Hyperliquid.
• The move shook out large leveraged bets.

Bitcoin BTC$83,042.21, the leading cryptocurrency by market value, experienced a brief flash crash at 7:34 UTC on Hyperliquid, plunging from $83,307 to $80,255 within a minute only to bounce back equally fast to $83,000.

During that interval, Hyperliquid saw five accounts liquidated, each worth $10 million, with the single largest liquidation amounting to $36.78 million, according to data shared by BlockPulse.

STORY CONTINUES BELOW

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On other centralized platforms, the downturn was notably less severe, with lows remaining well above $81,000.

BTC/USDC's flash crash on Hyperliquid. (Hyperliquid)

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