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Liquidations

Dogecoin Price Anomaly Forces Massive Long Liquidations in Four Hours

by admin October 3, 2025

Dogecoin (DOGE), the king of the meme coins, has recorded downward movement despite the bullish momentum in the broader sector, with a focus on Bitcoin (BTC). In the last 24 hours, Dogecoin’s price has dropped by over 2.5%. This anomaly has triggered massive liquidation for DOGE bulls.

$1.56 million Dogecoin wiped out in just four hours

CoinGlass data shows that, in the last four hours, Dogecoin investors betting long on the meme coin have suffered 2,925% losses as the price failed to rise with the broader market. DOGE, valued at $1,560,000, was wiped out within this short period due to the meme coin’s poor performance.

Short traders were also affected by the price outlook. Bearish investors still recorded some losses, although mild. These traders lost $51,580 within the same time frame.

Notably, the meme coin failed to rise as it faced stiff resistance as it approached the $0.2620-$0.2640 zone. The price range is significant as Dogecoin, worth over $660 million, was offloaded at this level during the market downturn.

It has remained a pivotal point for the meme coin, as most holders go for profit each time DOGE climbs close to it. Dogecoin bulls might need to show more support to break the pattern.

As of press time, Dogecoin is changing hands at $0.2569, which represents a 0.62% decline in the last 24 hours. The meme coin earlier dipped to a low of $0.2509, testing the $0.25 support before recording a slight upward move.

Despite the price drop, market participants remain active as volume has stayed in the green zone. Trading volume is up by 2.75% to $3.17 billion, suggesting likely accumulation by investors taking advantage of the dip.

Could broader market rescue DOGE?

Interestingly, the Dogecoin price showed signs of promise about 48 hours earlier, as it confirmed a golden cross. Market participants and investors alike interpreted the bullish sign of the start of an “Uptober” rally. The current situation might not be a cause for worry if ecosystem bulls step up.

Worthy of mention is that investors had maintained a bullish outlook on the meme coin at the start of the month by committing about $3.96 billion to Dogecoin’s future derivatives market. Such a surge in open interest signals the level of confidence from members of the community.

The coming days will reveal how DOGE performs, particularly as Bitcoin is witnessing a rally on the broader market. The leading crypto asset might positively impact the king of meme coins.

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October 3, 2025 0 comments

GameFi Guides

Solana, Dogecoin and Others Lead Gains as Short Liquidations Top $260M

by admin September 29, 2025

In brief

Top alcoins have risen 3–4% in the past 24 hours, partially reversing last week’s sell-off.
About $345 million in crypto liquidations were recorded, mostly from short positions.
One analsyt expects near-term consolidation before capital rotation into select altcoin segments in Q4.

A weekend surge in crypto has partially erased last week’s losses as traders look to regain a bullish foothold in the market.

Solana, Dogecoin, Cardano, Ethereum, and XRP have led gains among the ten largest cryptocurrencies by market value, rising between 3% and 4% on the day, according to CoinGecko.

Nearly $260 million worth of short positions have been wiped out, bringing the 24-hour total for all liquidations to $345 million, according to CoinGlass figures.

Shivam Thakral, CEO of BuyUcoin, told Decrypt the uptick in Bitcoin has triggered a short-covering move, which in turn has amplified prices for altcoins.

Short covering occurs when sellers are forced to buy their positions to offset losses as the price moves against them.

Due to a correlation between Bitcoin and altcoins, Thakral expects prices to consolidate until traders begin rotating capital into altcoins sometime this week.

Looking to the fourth quarter, Thakral expects narrative-driven altcoin sectors, such as Layer 2, AI, and staking derivatives, to attract a bid.

While a handful of altcoins may experience “outsized returns,” others that lack “story, roadmap, and adoption” are likely to stagnate, he added.

Experts who previously spoke to Decrypt have shared a similar bullish outlook for Bitcoin and the broader crypto market, despite last week’s downtrend and institutional outflow.

The Fear and Greed Index, meanwhile, has bounced from fear territory last Friday to neutral as of Monday, according to CoinGlass data, reflecting the broader bullish sentiment following the weekend rally.

The overall crypto market capitalization hovers around $2.23 trillion, up 2.35% in the last 24 hours.

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September 29, 2025 0 comments

Crypto Trends

Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Top $1 Billion

by admin September 28, 2025

In brief

Liquidations topped $1.1 billion, most of the them long positions.
Bitcoin was down 3.6% over the past 24 hours and nearly 7% for the week.
Glassnode said that crypto markets were showing “signs of exhaustion.”

Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period topping $1 billion.

Bitcoin, the leading cryptocurrency, was recently down by 3.6% over the past 24 hours, trading for under $109,554, crypto data provider CoinGecko shows. BTC is down nearly 7% for the week.

While Ethereum, the second biggest digital coin, dropped 7% to trade at $3,887 Thursday afternoon New York time.

Other major cryptocurrencies were battered harder, with Dogecoin plunging by 7.6%. The original meme coin and eighth-biggest digital asset was trading close to $0.23.

Solana also sank by 7.7% to $197. 52. Both SOL and DOGE are down about 21% over the last week alone, making them the biggest losers among the top 100 coins by market cap.

The drop in crypto prices came with a dip in the stock market, with the S&P 500, tech-heavy Nasdaq, and Dow Jones Industrial Average all shedding value.

CoinGlass data shows that over $1.1 billion in traders’ positions betting on the future prices of cryptocurrencies had been liquidated. The vast majority of that number—over $1 billion—were long positions.

Glassnode analysts said in a Thursday report that the biggest digital coin was now “showing signs of exhaustion” as long-term holders had taken profits and ETF flows had slowed down.

“Unless demand from institutions and holders aligns again, the risk of deeper cooling remains high, highlighting a macro structure that increasingly resembles exhaustion,” Glassnode said, noting that the current up cycle has already lasted 1,030 days, just short of the roughly 1,060-day span of the past two bull markets.

Those placing bets on Myriad, a prediction market owned by Decrypt‘s parent company, DASTAN, are also feeling bearish: 70% of betters expect BTC will drop to $105,000 before it reaches $125,000.

Bitcoin’s all-time high currently stands at $124,128. It broke that record in August.

Juan Leon, senior investment strategist at crypto asset manager Bitwise, told Decrypt in an interview that crypto was “at the mercy of macro right now.” Leon noted the specter of a U.S. government shutdown that could lead to mass layoffs, rising geopolitical tensions, and a toxic mix of sagging job markets and upwardly revised GDP numbers that could make an interest rate cut less likely.

“Bitcoin and other crypto assets were already hovering in uncertain territory over the last couple of weeks, and so investors were already a little skittish trying to figure out what direction the market is going to take going into Q4,” Leon said. “So I think investors are just bracing into safety, and crypto assets are getting sold down as a result.”

Leon added, however, that he did not believe that crypto prices had topped out, highlighting the enactment of the Genius Act and likely passage of additional crypto friendly legislation and growing institutional interest in digital assets.

“This cycle is fundamentally different than past cycles, and we have to adjust to the new reality,” Leon said. “This is the first cycle where we have regulatory clarity that is just starting. And this is the first cycle that is being driven by institutional adoption instead of retail adoption. As we know, institutional adoption is slower and more spaced out than the retail sort of driven euphoria that we’ve seen in the past.”

Analysts now await Friday’s Personal Consumption Expenditures Price Index (PCE), a favored measure of the Federal Reserve, which could determine the U.S. central bank’s next move.

An increase in the PCE could lead to a second consecutive interest rate cut in 2025, which could benefit Bitcoin and other risk assets that traditionally respond well to surges of liquidity in markets.

UPDATE (September 25, 2025, 2:49 p.m. ET): Updates headline, liquidation totals and prices, adds Leon and Glassnode quotes.

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September 28, 2025 0 comments

Crypto Trends

Ethereum Trade on Hyperliquid Stands Out as Largest Amid $1B Crypto Liquidations

by admin September 26, 2025

An ETH$3,953.08 trade on Hyperliquid turned out to be the biggest liquidation hit in the past 24 hours as crypto traders took on more than $1.19 billion in leveraged positions amid a market downturn.

Longs made up nearly 90% of the overall wipeout, per CoinGlass, leaving over 260,000 traders losing money and exposing the market’s bullish overcrowding.

Ether bore the brunt with $448 million in liquidations, followed by BTC$109,488.33 at $278 million. Solana’s SOL (SOL), XRP$2.7715, BNB Chain’s BNB (BNB) and DOGE$0.2274 all saw tens of millions flushed out.

But the single largest trade closure came on Hyperliquid — a $29.1 million ETH-USD long hit which is indicative of the growing role of decentralized perpetual exchanges in driving liquidations.

Bybit handled the most overall liquidations at $311 million, but Hyperliquid followed closely with $281 million, ahead of Binance’s $243 million.

For a relatively recent protocol that operates fully on-chain with no KYC or regulatory firewalls, Hyperliquid’s share of liquidations points to traders piling risk into perpetual decentralized exchanges (DEXs) in size. A 97% long bias further showed how aggressively users were positioned before the flush.

The wave came as sentiment remains fragile and bitcoin sees volatile price action around the $111,000 mark. Spikes in liquidations are often read as clearing events that pave the way for reversals, but with positioning stretched across majors and high-beta tokens alike, downside risks linger.

Meanwhile, some say projects with strong revenue flows could emerge attractive to traders amid an otherwise risk-off mood.

“While crypto markets are down, capital is still rotating from Bitcoin into altcoins, with perpetual decentralized exchanges (Perp DEXs) like Hyperliquid and Aster leading the charge,” said Nick Ruck, director at LVRG Research.

“We expect altcoins to slowly grind upward as investors seek projects that can decouple from macro pressures and continue to grow based on their own utility,” Ruck added.

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September 26, 2025 0 comments

NFT Gaming

Crypto Market Liquidations Top $442M as Bitcoin, Ethereum, Solana Dip

by admin September 25, 2025

In brief

$442 million worth of crypto liquidations have been recorded over the past 24 hours, most which were long positions.
It comes as the majority of the crypto market is in the red, with major coins including Bitcoin, Ethereum, and Solana down on the day.
Only four non-stablecoins are in the green over the past seven days, with emerging decentralized exchange Aster leading the way.

Just shy of half a billion dollars worth of liquidations swept the crypto market on Thursday, amid a broadly red week for the industry.

The global cryptocurrency market has slipped 2.2% over the past 24 hours, according to CoinGecko, with IP blockchain Story as the biggest loser, down 27%.

As a result, $442 million worth of crypto liquidations have been recorded over the past 24 hours—$377 million of which were long positions.

Ethereum accounts for the lion’s share of the the liquidations at just over $180 million, according to CoinGlass, thanks to its 4.2% dip on the day and 12.9% drop over the past week. Bitcoin has also contributed $63 million in liquidations, despite just a 1.4% daily drop.

Outside of the two big hitters, liquidations are spread across the market. Solana has prompted $34.8 million in daily liquidations after dropping 5.1% on the day. Emerging decentralized exchange Aster has caused $13 million in liquidations, thanks to its sizable 13.5% daily dive.

Despite that, Aster is one of the few top 100 coins that has had a green week, according to CoinGecko, with just four non-stablecoin cryptocurrencies posting a weekly green candle.

Macro drivers

On a macro level, an analyst from crypto exchange Bitunix said in a note shared with Decrypt, that President Trump’s attendance at the United Nations’ General Assembly on Tuesday should have been bullish for risk assets like crypto.

Politico reported that Trump told Arab and Muslim leaders that he would not allow Israel to annex the Palestinian West Bank—which some Israeli ministers are currently pushing for. The analyst said this, combined with global powers recognizing Palestine’s statehood, could offer a “brief cooling-off window for geopolitics.”

“This development signals a more cautious U.S. stance on Middle East issues, which may boost risk appetite in the short term, but geopolitical uncertainty will persist,” the Bitunix analyst explained. “However, investors should keep focus on the Fed’s rate policy and U.S. labor data, which remain the key drivers for medium- to long-term capital flows.”

It appears that any temporary confidence has yet to filter through to crypto markets, with most top cryptocurrencies in the red.

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September 25, 2025 0 comments

NFT Gaming

Dogecoin, Solana and Ethereum Plunge as Crypto Liquidations Near $1.7B

by admin September 22, 2025

In brief

The crypto market retreated sharply Monday morning, with the total market cap dropping to $3.98 trillion.
More than 390,000 traders were liquidated, with longs making up the bulk of the $1.68 billion in losses.
Dogecoin dropped by 10%, leading losses among the top 10, while Bitcoin held relatively firm in comparison to altcoins amid volatile macro conditions

Crypto markets saw another sharp retreat as liquidations totaled nearly $1.7 billion in the past day, with Dogecoin, Solana and Ethereum leading losses among the top 10 cryptocurrencies by market cap.

The price of Bitcoin dropped by 2.3% on the day, posting smaller losses than those of Ethereum and other major altcoins as immediate price pressure piled on alternative assets. Dogecoin was the hardest hit, dropping by 9.9% on the day, followed by Solana (down 6.9%) and Ethereum (down 6.2%), per data from CoinGecko.

The broader market also declined, with CoinGecko data showing total crypto market capitalization at about $3.98 trillion after a 3.7% daily drop.

Around $1.68 billion in positions were wiped out across major exchanges over the past 24 hours, with more than $1.6 billion coming from long positions, according to Coinglass data.

Over 390,000 traders were liquidated in the past 24 hours, with the largest single order, worth $12.7 million on OKX’s BTC-USDT swap, per Coinglass.

Ethereum, meanwhile, saw $501 million in positions liquidated, while Dogecoin lost about $61 million, placing both among the top tokens under pressure.

“The $1.7 billion in liquidations reflects an aggressive flush of leverage from the system,” Dan Dadybayo, research and strategy lead at Unstoppable Wallet, told Decrypt.

Some 95% of positions wiped out “were longs, which shows this wasn’t a short squeeze: it was overexposed bulls getting caught,” he said. “Once ETH and DOGE rolled over, cascading margin calls forced positions to close, with more than $1 billion liquidated in just one hour at the peak.”

Users of prediction market Myriad, launched by Decrypt’s parent company DASTAN, flipped bearish on Bitcoin Monday morning, with a slim majority of predictions now expecting Bitcoin to drop to $105,000 next rather than top $125,000. However, a substantial majority of predictions see Bitcoin holding above $105,000 throughout September.

A “classic liquidity spiral”

Sector breakdowns pointed to sizable losses in riskier categories, with leveraged futures and perpetual positions seeing outsized liquidations relative to shorts.

“Leveraged longs were the first to be squeezed, draining liquidity and widening spreads in a classic liquidity spiral,” Vincent Liu, chief investment officer at Kronos Research, told Decrypt.

Still, despite the “short-term carnage,” the liquidations expose “where capital was stretched too thin, while accumulation will slowly rebuild market depth,” he said.

The liquidations reflected forced unwinding of leveraged longs, with shorts accounting for only about $84 million.

Asked about exposure, Liu said that “large-cap altcoins and leveraged DeFi tokens” are most at risk, with liquidations “hitting those with thinner liquidity first.”

Such a scenario “reflects a risk-off sentiment, where traders are trimming positions across the board,” and shows how the market stress-tests liquidity.”

The latest wave unfolded amid a volatile macro backdrop after the Federal Reserve’s recent rate cut, which barely budged the market and even resulted in a brief rebound before the weekend.

Looking ahead, the crypto market’s next moves “may hinge on Thursday’s jobless claims and Friday’s August PCE inflation data,” Liu said, adding that “a dovish read could spark a bounce, while hawkish surprises may trigger further stress the market.”

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September 22, 2025 0 comments

Crypto Trends

Shiba Inu Price U-Turn Triggers 310,077,519 SHIB Long Liquidations

by admin September 21, 2025

Shiba Inu’s price reversed lower in the early Sunday session, following a rebound in Saturday’s session to a high of $0.00001306.

At the time of writing, SHIB was down 0.19% in the last 24 hours to $0.0000129 as the broader crypto market largely traded in red with $180 million recorded in crypto liquidations.

Shiba Inu’s price U-turn caught bulls, who had hoped for a continuation of the relief rally after a two-day drop on Thursday and Friday from $0.0000136 to $0.00001279, unawares.

In the last 24 hours, Shiba Inu saw $5,520 in total liquidations with longs accounting for the majority, while short liquidations came in at $1,510. According to CoinGlass data, 310,077,519 SHIB were liquidated in long liquidations as SHIB fell to a low of $0.00001281 in the early Sunday session.

Shiba Inu is attempting to hold support at the daily SMA 50 at $0.00001285. A decisive move above the daily SMA 200 at $0.00001297 will be watched for a continuation of Shiba Inu’s price rise.

Shibarium bridge update

Shiba Inu developer Kaal Dhairya provided an update on the Shibarium bridge incident where unauthorized validator signing power was used to push a malicious state/exit through the PoS bridge, withdrawing multiple assets.

Dhairya noted that right before the attack happened, a small win was being celebrated in the Shiba Inu team: The cross-chain ShibaSwap work and the new ShibaSwap UI launch. Dhairya stated a plan to propose a “fix” to issues in the Shiba Inu ecosystem. This plan included solutions for fragmentation, a multichain DEX upgrade, an improved rewards engine, liquidity incentives via gauges, a reputation/attestation/roles layer, modified council elections, IP tokenization with royalties tied to rewards and burns, integrated NFTs/gaming/metaverse, privacy and scaling with modular rollups and growth and ambassador programs.

For now, the Shibarium bridge remains restricted until deemed safe and verified.

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September 21, 2025 0 comments

Chainlink hits new all-time high of $100b in Total Value Secured

Crypto Trends

Here’s why Chainlink price is tumbling as liquidations jump

by admin September 15, 2025

Chainlink price has tumbled over the last three consecutive days, moving from last week’s high of $25.65 to $23.50.

Summary

LINK price plunged as the crypto market retreated.
It also dropped as whales continued to dump the token.
On the positive side, the coin has strong fundamentals.

Chainlink (LINK), the biggest oracle in the crypto industry, dropped as sentiment in the crypto market worsened ahead of the Federal Reserve and as investors booked profits following last week’s rally.

Chainlink price crashes as liquidations jump

The decline also happened as liquidations jumped. CoinGlass data showed that liquidations rose to over $3.3 million, the highest level since Sept. 1. These liquidations led to more selling pressure.

LINK price also dropped as the crypto market remained in the red. Bitcoin (BTC) slipped to $115,000, while top coins like Ethereum (ETH), and Solana (SOL) were down by over 3% in the last 24 hours.

Additionally, there are signs that whales are exiting their LINK positions, possibly as they book profits or expect a crash. Nansen data shows that these investors now hold 4.71 million tokens, down from 5.27 million last month.

Still, Chainlink has some of the best fundamentals in the crypto industry. It is the biggest oracle, helping companies and other organizations bring their off-chain data on-chain. For example, the U.S. government has started bringing its vast data trove on-chain using its platform.

Chainlink has also started to build its LINK reserves using its on-chain and off-chain fees. It has now accumulated tokens worth over $6.5 million, a trend that will continue as its network fees rise amid growing ecosystem adoption.

Chainlink has some of the most important partnerships in the crypto industry. It has a deal with JPMorgan, the biggest banking group in the United States, and UBS, the biggest player in wealth management. It also has a deal with Swift, a network that is looking for ways to improve how companies send money internationally.

LINK price technical analysis

Chainlink price chart | Source: crypto.news

The 12-hour time frame chart shows that the Chainlink price has jumped from a low of $10.13 in April to $23 today. It has remained above the 50-period and 100-period Exponential Moving Averages.

LINK price has also formed a symmetrical triangle pattern, whose two lines are nearing their confluence. It has also formed a bullish pennant pattern.

Therefore, the token will likely have a strong bullish breakout, potentially to last month’s high of $27.83, up by about 20% above the current level.

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September 15, 2025 0 comments

GameFi Guides

$0 Dogecoin Short Liquidations, Big Twist for DOGE Rebound

by admin September 7, 2025

Dogecoin (DOGE), the king of meme coins, has fallen by over 1.10% in the last 24 hours, as its performance triggers liquidation for long but not short traders. As per CoinGlass data, in the last 60 minutes, short position traders have not suffered any losses amid the mild price decline.

One-sided liquidations signal possible DOGE bottom

Meanwhile, long position investors have seen $320,810 wiped out within the same one-hour time frame. The one-sided pressure on bullish traders with no forced exit on bears suggests that although Dogecoin declined, it was not enough to affect bears.

Crypto traders anticipate Dogecoin “god candle”

As recently reported by U.Today, there is high anticipation of a bullish move for Dogecoin.

Crypto Liquidations Top $500 Million as Bitcoin, Ethereum and XRP Sink Into the Weekend

by admin August 30, 2025

In brief

Bitcoin dropped on Friday, bringing Ethereum and other major coins and tokens with it.
Cryptocurrency prices dropped on hot inflation data, with stocks also dipping on Friday.
September is typically a bad month for crypto, though Bitcoin and Ethereum just recently hit new highs.

Bitcoin dropped below the $109,000 mark on Friday—bringing other cryptocurrencies with it—as stocks and other risk assets dipped while traders digested new inflation data.

The leading cryptocurrency was trading at its lowest level since early July on Friday morning New York time at $108,617, CoinGecko data shows.

Over a 24-hour period, Bitcoin is down by close to 4%. Zooming out further and the flagship cryptocurrency has taken an 8% hit over the last 30 days. Earlier this month, the coin hit a new all-time high of $124,128 but it’s now 12% below that level.

Ethereum, too, fell over the last day, erasing its gains over the past seven days after breaking its price record from 2021 last week. The second biggest coin was trading for nearly $4,295, a 6% dip over the last 24 hours. Ethereum’s record stands at $4,946, as set on Sunday, with ETH down about 13% since then.

The drop in crypto prices has hurt futures traders who were longing digital coins and tokens, or betting on their prices to go up.

Over the past 24 hours, $446 million in long positions have been liquidated across all cryptocurrencies, CoinGlass data shows. A total of $535 million across all positions, including shorts, have been liquidated.

Other major coins like XRP also plunged: the third-biggest cryptocurrency was recently trading for $2.84 after dipping by 6%; Solana dropped by 3% to hit a price of $209, falling after a six-month high above $217 on Thursday.

The dip in prices comes after the personal consumption expenditures price index on Friday showed that core inflation ran at a 2.9% in July, meeting estimates but coming in higher than June.

Stocks dropped Friday as well, with the S&P 500 dipping 0.6% lower and the Nasdaq losing 0.9%. Bitcoin and other cryptocurrencies have recently traded like U.S. equities as both asset classes experience volatile price movements.

September is typically a bad month for Bitcoin—and stocks—and analysts told Decrypt that a steeper sell-off could happen during the month.

Even with Ethereum’s dip, Myriad Markets users still believe that ETH will rebound and hit a new all-time high of $5,000 by the end of the year, giving that a 75% likelihood of happening. (Disclosure: Myriad is a product of Decrypt’s parent company, DASTAN.)

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August 30, 2025 0 comments