If you hadn't already checked the charts today. I'll save you the trouble. Bitcoin just after opening at $73k yesterday Bitcoin touched $60k exactly and finally bounced even if for just a little bit. Undeniably there is a some intense confusion as to what is going on that triggered such a huge loss overall, afterall Bitcoin was $90k a week ago January 28th.
Fortunately there is data that we can gleam some insights from: (data taken from Yahoo Finance)
Bitcoin just had it's 3rd worst day in the last 5 years and the worst since FTX collapsed in 2022.
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Chart showing worst Bitcoin daily percent drop of last 5 years
(You might have to slide the table on Mobile to see all the info)
| Day | Open | Close | Percent Drop |
|---|---|---|---|
| June 13th 2022 | $26,737 | $22,487 | -15.9% |
| Nov 9th 2022 | $18,543 | $15,880 | -14.4% |
| Feb 5th 2026 | $73,019 | $62,801 | -14% |
To people who have been around since 2021 those dates might look familiar.
- June 13th 2022: is the day after Celsius announced they were halting withdrawals
- November 9th 2022: is the day before FTX suspended withdrawals as users started to become aware of a hole in FTXs balance sheets
- February 5th 2026: So what is happening today?
You might see the above chart and think: well those other drops aren't that bad. So lets instead look at it by the total dollar decrease of Bitcoin in a day.
———-
Chart showing worst Bitcoin daily dollar drop of all time
(You might have to slide the table on Mobile to see all the info)
| Day | Open | Close | Dollar Drop |
|---|---|---|---|
| Feb 5th 2026 | $73,019 | $62,801 | -$10,218 |
| Oct 10th 2025 | $121,704 | $113,214 | -$8,490 |
| Mar 3rd 2025 | $94,248 | $86,066 | -$8,183 |
Yep… Bitcoin just posted it's worst ever Dollar Loss dropping $10,218 on Feb 5th 2026. Beating the previous record, the October 10th 2025 Flash Crash that shocked markets, which some people think took out Wintermute.
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I don't know what the hell happened today but I think it should increase suspicions about the Binance Solvency Rumors that have been circulating over the last week. Especially since the only other percent drops this bad in the last 5 years can also be contributed to major players becoming insolvent.
Seriously what the hell is going on? Surely in a few months we're going to look back and link this to something catastrophic that is just not public knowledge yet.
Bitcoin just experienced it's worst day since the collapse of FTX, dropping 14%, (and it's worst EVER dollar loss -$10,218) on Feb 5th 2026. Raising potential questions about the Binance Solvency Rumors.
byu/GabeSter inCryptoCurrency
Posted by GabeSter
5 Comments
Binance is heavily involved.
Think epstein’s ties to BTC has something to do with it tbh.
Funny how fast the internet flips on BTC, they love it at 126k and hate it at 60k.
This market is so easy to win if you just seperate yourself from the crowd.
BTC went from 15k to 120k and nobody ever asked why or how…now that we entered a bear market everyone is looking for someone to blame 🤯
ps: remember when people were saying BNB < 200 = binance is dead!!!
CHINA is Not buying Bitcoin. They are working on their own gold backed crypto.
The world is not buying BC.
Give me one good reason why China would pay 1M per BC? What are they gonna do with it? they have the gold, they have the silver, they have the factories, why the hell would China or any other countries pay 1M for BC.
“we gave a bunch of random moron nerds billions of dollars as though they were gonna do great productive stuff with it, turns out they just suck!”