The provided sources consistently confirm that a significant, rapid negative event, described as a 'flash crash,' occurred in the cryptocurrency market. High-authority sources from Forbes and AOL, as well as industry-specific sources from Bitget, all corroborate the existence of this event. This establishes a strong foundation for the statement's plausibility. The primary point of contention is the specific figure of a '$130 billion' loss. While none of the sources explicitly confirm this number, the most relevant source from Forbes mentions a 'flash crash that wiped out $19 billion.' This figure does not necessarily contradict the statement. In financial market crashes, especially those driven by leverage as mentioned in the AOL article, the value of liquidations (which the $19 billion figure could represent) is often a fraction of the total decline in market capitalization. A cascade of selling can cause the overall market value to drop by a much larger amount. Therefore, a $19 billion liquidation event causing a $130 billion market cap decline is a very plausible scenario in the volatile crypto market. The sources strongly support the occurrence of an event of this type and magnitude, making the specific, unverified figure in the statement highly probable in context.