Tag:

Bloodbath

$100,000 Bitcoin at Risk as $878 Million Liquidation Tsunami Triggers Crypto Bloodbath

by admin June 23, 2025

There’s been a bit of a market shakeout over the past 24 hours, with $876 million in leveraged positions being wiped out across the crypto space. This has forced more than 227,000 traders out of their positions and dragged Bitcoin close to losing its six-figure handle, according to CoinGlass.

The timing wasn’t random. Bitcoin’s price structure broke down in late trading, causing a painful drop that cut through key levels without any resistance almost at all. In just minutes, BTC fell from around $102,800 to just above $100,000, triggering a brutal series of forced liquidations. Bitcoin has recovered a bit, but it’s still just a little above $100,000.

You Might Also Like

At the moment, $100,000 is a really important technical and psychological level for Bitcoin. If it drops below that, it could mean more losses, especially if confidence stays low and there’s more selling pressure in the next session. Especially when traditional markets will open.

Source: CoinGlass

Most of the damage came from long liquidations, which accounted for $777.56 million — about 89% of the total. This shows how much the market had been tilted toward bull bets.

On the other hand, short positions saw $98.85 million go down the drain. Imagine a 8 to 1 ratio — that’s absurd, but it is what it is.

You Might Also Like

Ethereum topped the list with $356.54 million in liquidated positions, with Bitcoin close behind at $192.89 million. SOL and XRP came in behind that with $45.47 million and $32.91 million, while the rest of the altcoin space added just over $93 million in total.

The biggest single liquidation was on HTX: A $9.15 million ETH-USDT position gone in a blink.

Source link

June 23, 2025 0 comments

NFT Gaming

XRP Rockets 721,735% in Abnormal Bull Liquidations in Hourly Bloodbath

by admin June 4, 2025

A quiet XRP rally turned into a liquidation minefield on Wednesday as the market flipped against overexposed long traders in one of the sharpest hourly reversals seen in recent days.

At the center of it is a 721,735% spike in long liquidations — no, that is not a typo. Within just one hour, nearly $474,000 worth of bullish bets were wiped out, while short liquidations barely crossed $65, according to CoinGlass. That is not just an imbalance — it is almost complete silence from the other side of the trade.

You Might Also Like

The setup was not complicated. The XRP price was rising through the early session, ticking from around $2.27 to a local high of $2.36. Then came a fast reversal — not dramatic in percentage terms but just enough to trip a cascade of margin calls. The price dipped under $2.29, and that was all it took. Leverage did the rest.

Source: CoinGlass

What followed was a string of red that did not need to fall far — it just needed to be fast. And in a heavily long market, fast is all it takes.

You Might Also Like

Zoom out to the 12-hour view, and XRP still leads the board in terms of liquidation imbalance. Other assets were hit — BTC saw $11.75 million in long liquidations, and ETH took $3.55 million, but XRP stood out for how concentrated the pain was in such a small window.

Overall, $103 million in liquidations were recorded in the 12-hour stretch across the crypto market. Longs made up more than two-thirds of that. XRP just happened to be the first to break.

Source link

June 4, 2025 0 comments

Crypto Trends

Dogecoin, Cardano’s ADA, XRP Fall 7% in Weekend Bloodbath

by admin May 25, 2025

The crypto market turned red over the weekend, with Dogecoin (DOGE), Cardano’s ADA, and XRP each dropping over 7% as profit-taking set in after a strong week.

Bitcoin fell from a daily high of $111,200 to just over $107,000 on Friday, causing a swift change in sentiment. The drop came as President Donald Trump revived fears of a tariff war with the European Union — threatening a 50% levy as talks were “going nowhere.”

Market cap shed 5% and the broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens, fell 2.2% as traders moved to lock in gains amid rising volatility.

The move comes despite bitcoin touching fresh highs above $111,500 just days earlier, with ETF inflows, stablecoin legislation, and institutional buying supporting its rally. But those same tailwinds haven’t kept altcoins afloat in the short term.

“Bitcoin reaching a new all-time high also carries altcoins toward a bullish direction,” said Haiyang Ru, co-CEO of HashKey Group, said in a Telegram message. “But if BTC’s volatility picks up again, traders may rotate into regulated stablecoins — especially with new frameworks in the U.S. and Hong Kong easing that transition.”

Alex Kuptsikevich, chief analyst at FxPro, crypto sentiment recently hit levels last seen in January, just as BTC and ETH reached critical resistance zones. “Unlike previous BTCUSD rallies, the current movement is not just momentum-driven but backed by real demand and macro factors,” he noted.

Still, markets are showing signs of fatigue. Ethereum is struggling to break past its 200-day moving average near $2,650, while altcoins that previously surged — such as HYPE and EIGEN — are now cooling off after double-digit gains.

Analysts warn that if BTC doesn’t establish a new support zone, altcoin losses could deepen.

For now, the weekend pullback displays the fragility of rallies in low-liquidity conditions and the speed at which sentiment can turn.

Source link

May 25, 2025 0 comments

GameFi Guides

Unusual 2,306% Imbalance Stuns XRP Bulls in Daily Crypto Bloodbath

by admin May 24, 2025

XRP traders felt the heat over the last 12 hours as long positions were wiped out at a rate that is difficult to ignore. Liquidations on the long side added up to $9.94 million, while shorts barely registered to $431,260. That is a 2,306% difference — a rare imbalance, even for crypto.

You do not see this kind of ratio every day, and what it indicates is that a large group of traders expected XRP to rise, but then the market pulled back quickly.

You Might Also Like

Crypto liquidations across the board for the same time frame came in at $424.63 million. Most of that — $363.13 million — came from long trades. While XRP’s total was not the highest, the split between long and short liquidations puts it in a category of its own.

Source: CoinGlass

Chart performance tells part of the story. While the XRP price rose steadily throughout the early hours, hitting around $2.47, by midday it had quickly dropped below $2.30 before bouncing back slightly to trade near $2.36. This timing coincides with the liquidations, suggesting that automated sell-offs from over-leveraged long trades fueled the drop once the price turned.

You Might Also Like

Across all coins, over 162,000 traders were liquidated in the past 24 hours, adding up to $551.66 million. BTC and ETH took the biggest hits at $120.84 million and $109.93 million, respectively, but XRP stood out due to the magnitude of its one-sided liquidations.

The takeaway here is not new: when too many traders use leverage and lean in the same direction, it does not take much to shake things up. For XRP, the numbers make that clear.

Source link

May 24, 2025 0 comments