{"id":56695,"date":"2025-11-04T19:31:41","date_gmt":"2025-11-04T19:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56695"},"modified":"2025-11-04T19:31:41","modified_gmt":"2025-11-04T19:31:41","slug":"1-1b-in-longs-wiped-as-eth-crashes-below-3-3k-erasing-2025-gains","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56695","title":{"rendered":"$1.1B in Longs Wiped as ETH Crashes Below $3.3K, Erasing 2025 Gains"},"content":{"rendered":"<div>\n<p>The crypto market crash continues in full force, led by BTC\u2019s brief dip below $100,000 for the first time since June and ETH\u2019s massive nosedive.<\/p>\n<p>In fact, the second-largest cryptocurrency has now turned negative for the year as it dropped below $3,300 to mark a new multi-month low.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING: Ether falls below $3,400 and officially erases all 2025 gains.<\/p>\n<p>ETH is now red on the year. <a href=\"https:\/\/t.co\/kwnlQ3a0gF\">pic.twitter.com\/kwnlQ3a0gF<\/a><\/p>\n<p>\u2014 The Kobeissi Letter (@KobeissiLetter) <a href=\"https:\/\/twitter.com\/KobeissiLetter\/status\/1985763670362673340?ref_src=twsrc%5Etfw\">November 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It was just 36 hours ago when ETH stood above $3,900 and analysts were speculating whether it had the potential to break past $4,000 once again. However, the subsequent rejection and the broader market\u2019s crash resulted in a massive nosedive to $3,250.<\/p>\n<p>This became Ethereum\u2019s lowest price point since mid-July. Moreover, the asset is now deep in the red on a YTD basis.<\/p>\n<p>Ali Martinez outlined what he believes is ETH\u2019s worst-case scenario for the foreseeable future. He noted that if the asset fails to reclaim $4,000, which seems like a distant dream as of press time, it could further drop to $2,400 and even $1,700.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The worst-case scenario: Ethereum <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> fails to reclaim $4,000, breaks through $3,800 support, and drops to $2,400 or $1,700. <a href=\"https:\/\/t.co\/oKK5VbVRd0\">pic.twitter.com\/oKK5VbVRd0<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1985776307485978630?ref_src=twsrc%5Etfw\">November 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>ETH\u2019s plunge has resulted in more than $375 million in longs liquidated on a 24-hour scale. The total wrecked positions for all cryptocurrencies have skyrocketed to $1.3 billion, with $1.1 billion being from longs.<\/p>\n<p>CoinGlass data shows that more than 340,000 over-leveraged traders have been liquidated, with the single-largest position taking place on HTX. It was worth a whopping $48 million.<\/p>\n<p>Bitcoin dipped below $100,000 minutes ago as well, which prompted analysts to <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-plunges-toward-100k-as-analysts-call-the-start-of-a-bear-market\/\">call<\/a> it the beginning of the bear market. So far, though, the asset has managed to defend that level and stands inches above $101,000.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/1-1b-in-longs-wiped-as-eth-crashes-below-3-3k-erasing-2025-gains\/\">$1.1B in Longs Wiped as ETH Crashes Below $3.3K, Erasing 2025 Gains<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market crash continues in full force, led by BTC\u2019s brief dip below $100,000 for the first time since June and ETH\u2019s massive nosedive. In fact, the second-largest cryptocurrency has now turned negative for the year as it dropped below $3,300 to mark a new multi-month low. BREAKING: Ether falls below $3,400 and officially [&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-56695","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\/56695","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=56695"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56695\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}