The video discusses a significant drop in Bitcoin's price, attributing it to the liquidation of over $1 billion worth of Bitcoin longs in 20 minutes. The speaker mentions that these sudden liquidations are common during Sunday nights due to low liquidity. There is speculation of Binance using the market maker Wintermute to cause this liquidation cascade, which the speaker stated is the biggest one in 2025. The speaker notes that this type of volatility is a normal occurrence in the crypto market, especially between Sunday night and Monday morning due to low liquidity. The exchange is making money while everyone is asleep.