{"id":49579,"date":"2025-09-25T19:16:43","date_gmt":"2025-09-25T19:16:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=49579"},"modified":"2025-09-25T19:16:43","modified_gmt":"2025-09-25T19:16:43","slug":"crypto-liquidations-top-1b-as-bitcoin-ether-solana-selloffs-worsen","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=49579","title":{"rendered":"Crypto Liquidations Top $1B as Bitcoin, Ether, Solana Selloffs Worsen"},"content":{"rendered":"<div>\n<p>A rough early session for crypto markets took a turn for the worse in U.S. afternoon hours Thursday, with bitcoin (BTC) tumbling below $109,000, its weakest price in nearly a month.<\/p>\n<p>Ether (ETH) plummeted 8% through the past 24 hours rapidly approaching $3,800, erasing gains since early August. It&#8217;s now has lost 22% since its record highs last month. Solana (SOL), changing hands above $250 only two weeks ago, plunged below $200, down another 8% today. The CoinDesk 20 Index was down 6%.<\/p>\n<p>The sharp move lower across the board triggered a widespread leverage flush on derivatives markets, liquidating over $1.1 billion worth of leveraged trading positions, <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">CoinGlass data<\/a> shows. Ether led liquidations with over $400 million long positions, or bets on higher prices, being wiped out, followed by bitcoin&#8217;s $265 million.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/5913ba64d3d1e8d579557b42e89ee913e1faa977-2412x1006.png?auto=format\" alt=\"Crypto liquidations over the past 24 hours (CoinGlass)\" title=\"Crypto liquidations over the past 24 hours (CoinGlass)\"><\/p>\n<p>Crypto equities also took a hit. Michael Saylor&#8217;s Strategy (MSTR), the largest corporate owner of BTC, sunk as much as 10% during the session to five-month low. The stock, which is often seen as a leveraged bet on bitcoin&#8217;s price, gave up all of this year&#8217;s gains and is now 1.5% down year-to-date, while BTC is still holding on 16% advance during the same period.<\/p>\n<p>Ether treasury firms Bitmine (BMNR) and Sharplink Gaming (SBET) were down 7%-8%,as were bitcoin miners MARA Holdings. (MARA) and Riot Platforms (RIOT).<\/p>\n<p>With Thursday&#8217;s nosedive, BTC is now on the brink of taking out the lows of late August-early September, when it bottomed just above $107,000. That price level could serve as support at least for a bounce, with order books also showing a liquidity cluster which could absorb selling pressure, CoinDesk <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/09\/24\/bitcoin-buy-the-dip-calls-surge-but-liquidity-trends-point-to-usd107k-as-potential-magnet\">reported<\/a> on a Hyblock Capital analysis.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/09\/23\/here-are-the-3-make-or-break-bitcoin-price-floors-as-btc-sell-off-gathers-steam\">Here Are the 3 Make-Or-Break Bitcoin Price Floors as BTC Sell-off Gathers Steam<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A rough early session for crypto markets took a turn for the worse in U.S. afternoon hours Thursday, with bitcoin (BTC) tumbling below $109,000, its weakest price in nearly a month. Ether (ETH) plummeted 8% through the past 24 hours rapidly approaching $3,800, erasing gains since early August. It&#8217;s now has lost 22% since its [&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-49579","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\/49579","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=49579"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49579\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}