On June 5 and 6, 2025, financial markets experienced a pronounced and historic sell-off, widely referred to as the "crashout of the century." The Nasdaq futures ($NQ_F) saw notable volatility, with a breakdown from the 812 level resulting in a 150-handle decline, followed by a 130-handle rebound and a subsequent 175-handle slide. Key volume pivots were identified at 832 and 861, with the 24-hour VWAP around 820, the overnight high at 809, and the overnight low at 792. Market participants highlighted Elon Musk's role in the event, describing it as a "crash out from Elon" or "Elon crashing out," suggesting his influence on the market movements during this period. The crashout was characterized by rapid and large price swings, leading to significant losses and market turbulence. The event has been described as one of the greatest and most historic crashouts, with some traders noting it as a week marked by multiple crashouts and high volatility.