{"id":20837,"date":"2025-04-07T04:16:54","date_gmt":"2025-04-07T04:16:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20837"},"modified":"2025-04-07T04:16:54","modified_gmt":"2025-04-07T04:16:54","slug":"xrp-sol-nosedive-14-as-crypto-bulls-rack-800m-liquidations","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20837","title":{"rendered":"XRP, SOL Nosedive 14% as Crypto Bulls Rack $800M Liquidations"},"content":{"rendered":"
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Futures tied to major tokens saw over $840 million in long liquidations in the past 24 hours as a bitcoin (BTC) plunge led to losses among major tokens, with some falling nearly 14%.<\/p>\n<\/p>\n

CoinGlass data shows that bitcoin traders betting on higher prices lost over $322 million, while bets on ether (ETH) lost nearly $290 million. Smaller alternative tokens (altcoins) recorded nearly $400 million in liquidations \u2014 with futures tracking xrp (XRP) and Solana\u2019s SOL seeing an unusually high $80 million in cumulative liquidations.<\/p>\n<\/p>\n

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BTC slid to under $77,000 in its worst start to a historically bullish month late Tuesday, with ether (ETH) down 15% to $1,500.<\/p>\n<\/p>\n

SOL, XRP and dogecoin (DOGE) slid as much as 15%, before slightly recovering in Asian morning hours, with BNB Chain\u2019s bnb holding relatively stronger with a 6% slide. The nosedive in majors was reflected across midcaps and smaller tokens \u2014 all showing drops of over 10-20% as per CoinGecko<\/a>.<\/p>\n<\/p>\n

Data shows that nearly 86% of all futures bets were bullish. Traders were positioning for higher prices in the weeks ahead on expectations that current ongoings were likely priced in and that markets could see near-term relief.<\/p>\n<\/p>\n

A liquidation occurs when an exchange forcefully closes a trader’s leveraged position due to the trader’s inability to meet the margin requirements.<\/p>\n<\/p>\n

Large-scale liquidations can indicate market extremes, like panic selling or buying. A cascade of liquidations might suggest a market turning point, where a price reversal could be imminent due to an overreaction in market sentiment.<\/p>\n<\/p>\n

Global equities and risk assets such as bitcoin took a hit Monday as investors continue to remain fearful of the fallout from the Trump tariffs, sending U.S. stock index futures lower by about 5% as trading resumed after the weekend.<\/p>\n

Hedge fund billionaire Bill Ackman urged the president<\/a> not to go through with economic “nuclear war” and instead call a “time out” on Monday.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Futures tied to major tokens saw over $840 million in long liquidations in the past 24 hours as a bitcoin (BTC) plunge led to losses among major tokens, with some falling nearly 14%. CoinGlass data shows that bitcoin traders betting on higher prices lost over $322 million, while bets on ether (ETH) lost nearly $290 […]<\/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-20837","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\/20837","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=20837"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20837\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}