{"id":29560,"date":"2025-05-31T06:16:47","date_gmt":"2025-05-31T06:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29560"},"modified":"2025-05-31T06:16:47","modified_gmt":"2025-05-31T06:16:47","slug":"over-800m-liquidated-as-bitcoin-price-falls-hard","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29560","title":{"rendered":"Over $800M Liquidated as Bitcoin Price Falls Hard"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Bitcoin just reminded everyone that <\/span><span data-preserver-spaces=\"true\">it\u2019s<\/span> <span data-preserver-spaces=\"true\">still<\/span><span data-preserver-spaces=\"true\"> the wild child of the financial world.<\/span><span data-preserver-spaces=\"true\"> After flirting with record highs earlier this month, the price nosedived to around $104,000 on May 30, wiping out billions in value overnight. The move blindsided traders, triggered massive liquidations, and put a serious dent in BlackRock\u2019s headline-making Bitcoin ETF. It took just 24 hours for $827 million to be liquidated, showing how quickly crypto sentiment can flip.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Over $800 Million Gone in a Flash<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">More than $827 million worth of crypto bets were liquidated in just 24 hours. Most of those were long positions, meaning people were counting on the market to keep climbing. Instead, it dropped fast. Once the selling started, it fed on itself. Leverage disappeared, accounts <\/span><span data-preserver-spaces=\"true\">got<\/span><span data-preserver-spaces=\"true\"> wiped, and prices kept sliding.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BITCOIN DIPS AS WHALES FACE LIQUIDATION<\/p>\n<p>Bitcoin pulls back sharply with $841 million liquidated in the past 24 hours.<br \/>James Wynn\u2019s high-profile 40x BTC long is now at risk, while Dogecoin leads altcoin losses in the red zone.<\/p>\n<p>Source: <a href=\"https:\/\/twitter.com\/BTCTN?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@BTCTN<\/a> <a href=\"https:\/\/t.co\/CTIeHmQ0wu\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/CTIeHmQ0wu<\/a><\/p>\n<p>\u2014 Crypto Town Hall (@Crypto_TownHall) <a href=\"https:\/\/twitter.com\/Crypto_TownHall\/status\/1928624975327670413?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 31, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">It wasn\u2019t just Bitcoin feeling the pain. Ethereum dropped below $2,630. <\/span><span data-preserver-spaces=\"true\">Dogecoin <\/span><span data-preserver-spaces=\"true\">got hit harder<\/span><span data-preserver-spaces=\"true\">, falling nearly 10 percent to under 20 cents.<\/span><span data-preserver-spaces=\"true\"> The total crypto market lost about $160 billion in a single day.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">BlackRock\u2019s Bitcoin ETF Takes a Bruise<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">BlackRock\u2019s iShares Bitcoin Trust (IBIT) had been on a winning streak. <\/span><span data-preserver-spaces=\"true\">It <\/span><span data-preserver-spaces=\"true\">raked in<\/span><span data-preserver-spaces=\"true\"> more than $6.3 billion in May alone and <\/span><span data-preserver-spaces=\"true\">climbed into<\/span><span data-preserver-spaces=\"true\"> the top tier of global ETFs.<\/span><span data-preserver-spaces=\"true\"> Just a few days ago, it looked unstoppable.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Then Bitcoin tanked, and IBIT got dragged down with it. That\u2019s the catch with a spot ETF tied directly to Bitcoin\u2019s price. It flies high when things are good, but it can just as easily nosedive when the market turns.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For now, IBIT is still sitting on tens of billions in assets. <\/span><span data-preserver-spaces=\"true\">But<\/span><span data-preserver-spaces=\"true\"> this dip <\/span><span data-preserver-spaces=\"true\">is<\/span><span data-preserver-spaces=\"true\"> a wake-up call for investors who <\/span><span data-preserver-spaces=\"true\">might<\/span><span data-preserver-spaces=\"true\"> have thought the hard part was over.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in May 2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">Trump\u2019s China Move Adds to the Chaos<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">This market mess didn\u2019t happen in a vacuum. President Trump reignited U.S.-China tensions this week by announcing fresh tariffs on Chinese imports. <\/span><span data-preserver-spaces=\"true\">He accused China of <\/span><span data-preserver-spaces=\"true\">breaking<\/span><span data-preserver-spaces=\"true\"> a trade deal by <\/span><span data-preserver-spaces=\"true\">holding back<\/span><span data-preserver-spaces=\"true\"> rare earth exports, which are <\/span><span data-preserver-spaces=\"true\">key<\/span><span data-preserver-spaces=\"true\"> for everything from <\/span><span data-preserver-spaces=\"true\">tech<\/span><span data-preserver-spaces=\"true\"> gear to electric cars.<\/span><\/p>\n<p><strong><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_683a9cc4a145b\" data-coin-id=\"btc-bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_683a9cc4a145b-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_683a9cc4a145b-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_683a9cc4a145b-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_683a9cc4a145b-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_683a9cc4a145b-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_683a9cc4a145b-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_683a9cc4a145b-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_683a9cc4a145b-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_683a9cc4a145b-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_683a9cc4a145b-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_683a9cc4a145b-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_683a9cc4a145b-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">That news sent a chill through global markets. Stocks dropped, commodities slipped, and crypto joined the panic. It\u2019s not the first time Bitcoin has reacted to geopolitical drama, but it definitely helped push things over the edge.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Short-Term Pain or the Start of Something Bigger?<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Some <\/span><span data-preserver-spaces=\"true\">think<\/span><span data-preserver-spaces=\"true\"> this is <\/span><span data-preserver-spaces=\"true\">just<\/span><span data-preserver-spaces=\"true\"> a cooldown <\/span><span data-preserver-spaces=\"true\">after<\/span><span data-preserver-spaces=\"true\"> Bitcoin\u2019s recent <\/span><span data-preserver-spaces=\"true\">run-up<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> Others aren\u2019t so sure. It\u2019s hard to ignore the timing. A big sell-off, massive liquidations, and global headlines about tariffs and trade wars? <\/span><span data-preserver-spaces=\"true\">That <\/span><span data-preserver-spaces=\"true\">combo<\/span><span data-preserver-spaces=\"true\"> is enough to shake even confident hands.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">James Toledano from Unity Wallet said the pullback might be healthy, but warned that volatility like this shows how quickly things can unravel when confidence dips.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\"><strong style=\"font-size: 16px\">DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/span><\/h2>\n<h3><span data-preserver-spaces=\"true\">What to Watch Next<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">The million-dollar question now is whether this is a blip or the beginning of a longer slump. Bitcoin has bounced back before, sometimes within days. <\/span><span data-preserver-spaces=\"true\">Other<\/span><span data-preserver-spaces=\"true\"> times, corrections have <\/span><span data-preserver-spaces=\"true\">dragged out for months<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">One thing\u2019s clear though. For anyone thinking Bitcoin had finally matured into a quiet, stable asset, this week just laughed in their face.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Over $827 million in crypto positions were liquidated in 24 hours as Bitcoin dropped to $104,000 on May 30.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Long positions took the biggest hit, with traders expecting the rally to continue before the sharp reversal wiped them out.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        BlackRock\u2019s Bitcoin ETF, which saw record inflows in May, took a hit as the spot BTC price tanked.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Trump\u2019s new tariffs on China added fuel to the sell-off, rattling global markets and putting extra pressure on crypto.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Analysts are divided on whether this is a short-term correction or the start of a deeper Bitcoin slump.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/over-800m-liquidated-as-bitcoin-price-falls-hard\/\">Over $800M Liquidated as Bitcoin Price Falls Hard<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin just reminded everyone that it\u2019s still the wild child of the financial world. After flirting with record highs earlier this month, the price nosedived to around $104,000 on May 30, wiping out billions in value overnight. The move blindsided traders, triggered massive liquidations, and put a serious dent in BlackRock\u2019s headline-making Bitcoin ETF. It [&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-29560","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\/29560","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=29560"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29560\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}