This sharp decline from around 64 which was at the Greed level, just a week ago to 32 yesterday signals a surge in investor fear, fueled by recent price drops, rising volatility, fading momentum, and a broader risk-off mood in the market.
The chart on BingX shows bitcoin trading below $74,000.

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Original author: ChandlerZ, Foresight News
On the evening of May 28, the SPACEEX-USDH perpetual contract on Hyperliquid experienced a sharp flash crash, with the price falling from a low of $2,277 to a low of $1,254 within 30 minutes, a drop of nearly 45%, before rebounding to around $2,169.
This crash resulted in the liquidation of 405 users and 1,393 positions, with a total liquidation amount of $1.51 million.
Data shows that the total trading volume of this contract in the past 24 hours...

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