{"id":43688,"date":"2025-08-23T05:02:17","date_gmt":"2025-08-23T05:02:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43688"},"modified":"2025-08-23T05:02:17","modified_gmt":"2025-08-23T05:02:17","slug":"ethereum-shorts-crushed-259m-lost-as-price-nears-ath","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43688","title":{"rendered":"Ethereum Shorts Crushed: $259M Lost as Price Nears ATH"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Ethereum came close to breaking its all-time high this week, and the fallout was brutal for anyone betting against it. Around 259 million dollars in short positions were liquidated, along with another 80 million in long positions. That adds up to more than 340 million dollars in crypto liquidations in just 24 hours. Ethereum alone made up more than half of that total.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Fed Hint Lights Up Crypto Markets<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The rally <\/span><span data-preserver-spaces=\"true\">wasn\u2019t<\/span><span data-preserver-spaces=\"true\"> random. It followed comments from Fed Chair Jerome Powell suggesting that interest rate cuts could be on the horizon. Traders <\/span><span data-preserver-spaces=\"true\">didn\u2019t<\/span><span data-preserver-spaces=\"true\"> wait around. Ethereum surged almost 15 percent on the news and briefly climbed above 4,842 dollars. <\/span><span data-preserver-spaces=\"true\">That\u2019s<\/span><span data-preserver-spaces=\"true\"> within touching distance of its 2021 peak of 4,878. The market moved fast, and so did the liquidations.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4a5.png\" alt=\"\ud83d\udca5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">BREAKING<\/p>\n<p>200 MILLION DOLLARS IN SHORTS JUST GOT REKT IN ONE HOUR INCLUDING 112 MILLION IN <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$ETH<\/a> SHORTS ALONE.<\/p>\n<p>BULLS JUST TORCHED THE BEARS. THIS IS WHAT A SQUEEZE LOOKS LIKE. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4c8.png\" alt=\"\ud83d\udcc8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/hzInzCO0l9\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/hzInzCO0l9<\/a><\/p>\n<p>\u2014 DustyBC Crypto (@TheDustyBC) <a href=\"https:\/\/twitter.com\/TheDustyBC\/status\/1958903815152808016?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span data-preserver-spaces=\"true\">Liquidation Frenzy Dominates Crypto Action<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">This wave of liquidations <\/span><span data-preserver-spaces=\"true\">didn\u2019t<\/span><span data-preserver-spaces=\"true\"> just hit Ethereum. The broader crypto market saw more than 668 million dollars in derivatives contracts wiped out. But Ethereum was the main driver. <\/span><span data-preserver-spaces=\"true\">It\u2019s<\/span><span data-preserver-spaces=\"true\"> rare to see ETH take the lead this aggressively, but this week, it <\/span><span data-preserver-spaces=\"true\">wasn\u2019t<\/span><span data-preserver-spaces=\"true\"> following <\/span><span data-preserver-spaces=\"true\">Bitcoin\u2019s<\/span><span data-preserver-spaces=\"true\"> moves. It was setting the pace.<\/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 August2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Price Inches Above 2021 All-Time High, Then Pulls Back<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">For a moment, it looked like Ethereum was ready to set a new record. But after briefly pushing above its 2021 high, it slipped back down. At the time of reporting, the price was hovering around 4,773 dollars. It <\/span><span data-preserver-spaces=\"true\">didn\u2019t<\/span><span data-preserver-spaces=\"true\"> hold the breakout, but it got close enough to remind traders what kind of momentum ETH can carry when macro factors align.<\/span><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-eth\" data-coin-symbol=\"eth\" data-price-usd=\"ETH Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/coinlogo\/4\/5b7fc72f06f17.svg\" alt=\"eth logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Ethereum<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">ETH<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$579.79B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68a948afd8f23\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<h2><span data-preserver-spaces=\"true\">Why This Matters More Than Just Numbers<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">This<\/span> <span data-preserver-spaces=\"true\">isn\u2019t<\/span><span data-preserver-spaces=\"true\"> only about the price. <\/span><span data-preserver-spaces=\"true\">It\u2019s<\/span><span data-preserver-spaces=\"true\"> about how much influence central bank language has on risk assets like crypto. One vague comment about future policy flipped the market and erased hundreds of millions in open positions. In crypto, reactions to headlines often outweigh the fundamentals. This week was a textbook case.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">What to Watch Next<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Ethereum <\/span><span data-preserver-spaces=\"true\">didn\u2019t<\/span><span data-preserver-spaces=\"true\"> quite break through its ceiling, but <\/span><span data-preserver-spaces=\"true\">it\u2019s<\/span><span data-preserver-spaces=\"true\"> now sitting just under a level that could trigger another <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> move. If it pushes past the old high, <\/span><span data-preserver-spaces=\"true\">there\u2019s<\/span><span data-preserver-spaces=\"true\"> a good chance momentum could build into the next quarter. If not, expect a reset and more volatility as traders reposition. With the Fed in play and markets on edge, <\/span><span data-preserver-spaces=\"true\">nobody\u2019s<\/span><span data-preserver-spaces=\"true\"> relaxing just yet.<\/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\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Over $340 million in crypto liquidations hit in 24 hours, with Ethereum shorts leading the wipeout.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Ethereum briefly climbed above $4,842 following Fed signals about possible rate cuts.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        ETH\u2019s rally triggered over half of all crypto liquidations, outpacing Bitcoin\u2019s market influence.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Despite touching a new high, Ethereum pulled back to around $4,773 as momentum cooled.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Market reaction shows how much influence macro signals have over crypto, especially Ethereum.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/ethereum-shorts-crushed-259m-lost-as-price-nears-ath\/\">Ethereum Shorts Crushed: $259M Lost as Price Nears ATH<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum came close to breaking its all-time high this week, and the fallout was brutal for anyone betting against it. Around 259 million dollars in short positions were liquidated, along with another 80 million in long positions. That adds up to more than 340 million dollars in crypto liquidations in just 24 hours. Ethereum alone [&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-43688","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\/43688","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=43688"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43688\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}