{"id":14889,"date":"2025-02-25T13:01:38","date_gmt":"2025-02-25T13:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=14889"},"modified":"2025-02-25T13:01:38","modified_gmt":"2025-02-25T13:01:38","slug":"bitcoin-down-7-ethereum-xrp-dogecoin-shiba-inu-plunge-over-10-as-1-48-billion-liquidation-tsunami-hits","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=14889","title":{"rendered":"Bitcoin Down 7%, Ethereum, XRP, Dogecoin, Shiba Inu Plunge Over 10% As $1.48 Billion Liquidation Tsunami Hits"},"content":{"rendered":"<div>\n<p>The cryptocurrency market faced a sharp downturn over the past 24 hours, with <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) dropping to a low of $87,115 before stabilizing at $88,850, <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43934933\/bitcoin-plunges-below-88000-what-is-going-on\">marking a 7% decline<\/a>.<\/p>\n<p><strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) saw an even steeper drop of 10%, trading at $2,420.<\/p>\n<p>Major altcoins also suffered losses, with <strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) down 15%, <strong>Dogecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>) losing 14%, and <strong>Shiba Inu <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) and <strong>XRP <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) falling by 10%.<\/p>\n<p>The sell-off resulted in $1.48 billion in liquidations, with $1.37 billion coming from long positions, according to <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">data<\/a> from <strong>Coinglass<\/strong>.<\/p>\n<p>In a note sent to Benzinga, <strong>Dr. Sean Dawson<\/strong>, head of research at <strong>Derive.xyz<\/strong>, contextualized the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43937601\/bitcoin-down-7-ethereum-xrp-dogecoin-shiba-inu-plunge-over-10-as-148-billion-liquidation-t\" alt=\"Bitcoin\" down ethereum xrp dogecoin shiba inu plunge over as billion liquidation tsunami hits>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420. Major altcoins also suffered losses, with Solana (CRYPTO: SOL) down 15%, Dogecoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-14889","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14889"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14889\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}