{"id":63725,"date":"2025-12-16T05:46:56","date_gmt":"2025-12-16T05:46:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=63725"},"modified":"2025-12-16T05:46:56","modified_gmt":"2025-12-16T05:46:56","slug":"bitcoin-sees-200m-liquidations-what-does-it-mean-for-ethereum-and-institutional-demand","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=63725","title":{"rendered":"Bitcoin Sees $200M Liquidations \u2013 What Does It Mean for Ethereum and Institutional Demand?"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Bitcoin fell below the $87,000 level shortly after Wall Street opened on Monday, as fresh selling pressure set off a wave of liquidations across bullish positions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The move picked up speed around the opening bell.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Several traders pointed to activity on Binance and the trading firm Wintermute as key sources of new supply entering the market simultaneously.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Liquidations of long positions built quickly. One of the crypto trackers <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/DeFiTracer\/status\/2000588451347877936\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">reported<\/span><\/a><span style=\"font-weight: 400\"> 100 million liquidations of long positions in five minutes.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In just over an hour, losses had already surpassed $200 million, based on <\/span><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinGlass.\u00a0<\/span><\/p>\n<figure id=\"attachment_319394\" aria-describedby=\"caption-attachment-319394\" style=\"width: 1393px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-319394 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/DBFF4600-0673-49E9-B41D-2CB4FF6AAFC4.webp\" alt=\"\" width=\"1393\" height=\"406\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/DBFF4600-0673-49E9-B41D-2CB4FF6AAFC4.webp 1393w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/DBFF4600-0673-49E9-B41D-2CB4FF6AAFC4-300x87.webp 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/DBFF4600-0673-49E9-B41D-2CB4FF6AAFC4-1024x298.webp 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/DBFF4600-0673-49E9-B41D-2CB4FF6AAFC4-768x224.webp 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/DBFF4600-0673-49E9-B41D-2CB4FF6AAFC4-50x15.webp 50w\" sizes=\"(max-width: 1393px) 100vw, 1393px\"><figcaption id=\"caption-attachment-319394\" class=\"wp-caption-text\"><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"nofollow noopener\">(Source: Coinglass)<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">The sharp unwind highlighted how sensitive market positioning had become after Bitcoin\u2019s recent effort to hold above nearby support levels.<\/span><\/p>\n<p><b>DISCOVER:<\/b><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> <b>Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/b><\/a><\/p>\n<h2><b>Why Are Bearish Bitcoin Traders Not Expecting a Reversal Yet?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Among traders who were already leaning bearish, the reaction was muted rather than surprised.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Many said the selling did not yet show signs of exhaustion and saw little reason to expect a clear trend reversal or even a strong relief bounce in the near term.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cMy only issue right now is that selling volume isn\u2019t very high, so we may see another bounce around $84,000,\u201d trader Roman wrote in a post on X.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$BTC<\/a> 1D<\/p>\n<p>Still moving perfectly according to plan. Our bear divs + price action taking us lower.<\/p>\n<p>My only issue now is selling volume isn\u2019t very high so we will likely catch another bounce around 84k.<\/p>\n<p>Even if we bounce, I still believe we get to 76k in due time. <a href=\"https:\/\/t.co\/RGXSdguTo6\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/RGXSdguTo6<\/a> <a href=\"https:\/\/t.co\/T1E1h8VDcF\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/T1E1h8VDcF<\/a><\/p>\n<p>\u2014 Roman (@Roman_Trading) <a href=\"https:\/\/twitter.com\/Roman_Trading\/status\/2000586522613948544?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">December 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">He said the slowdown in selling pressure could lead to a short pause on the downside before the market makes its next move.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Looking at exchange order-book data, analyst Daan Crypto Trades described the current setup as a \u201cmassive liquidity hunt.\u201d\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$BTC<\/a> Took out that liquidity below, partially just 30 minutes after the initial tweet.<\/p>\n<p>All in all this current price range is just a massive liquidity hunt towards both sides.<\/p>\n<p>I did mean it when I said you probably won&#8217;t miss a lot if you log off and come back after the first\u2026 <a href=\"https:\/\/t.co\/IeAlyxJ3UA\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/IeAlyxJ3UA<\/a> <a href=\"https:\/\/t.co\/gnfKJ0kM4a\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/gnfKJ0kM4a<\/a><\/p>\n<p>\u2014 Daan Crypto Trades (@DaanCrypto) <a href=\"https:\/\/twitter.com\/DaanCrypto\/status\/2000590526320374107?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">December 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">He said price action could stay uneven into the new year, with \u201cmore bart moves all over,\u201d referring to sharp drops or spikes that quickly snap back to earlier levels.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Others sounded more measured, even as Bitcoin trades near fresh month-to-date lows.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">AlejandroBTC said the broader structure still looks controlled and remains inside a wider trading range.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWe finally broke the range that\u2019s been forming since early December,\u201d he told followers on X. \u201cThat tells me we\u2019re likely to sweep the next set of lows, but still operate inside a larger range.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$BTC<\/a> \u2013 quick update<\/p>\n<p>We finally broke the range that\u2019s been forming since early December.<\/p>\n<p>This tells me we\u2019re going to sweep the next set of lows  still operating inside a larger range.<\/p>\n<p>Nothing has changed.<\/p>\n<p>Direction is unclear short-term, but I still expect a test of\u2026 <a href=\"https:\/\/t.co\/UsOFBAqLmg\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/UsOFBAqLmg<\/a><\/p>\n<p>\u2014 Alejandro\u20bfTC (@Alejandro_XBT) <a href=\"https:\/\/twitter.com\/Alejandro_XBT\/status\/2000590067665138152?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">December 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><b>DISCOVER:<\/b><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> <b>9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/b><\/a><\/p>\n<h2><b>How Much Ethereum Does BitMine Immersion Now Hold on Its Balance Sheet?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Ethereum (ETH) treasury firm BitMine Immersion <\/span><a class=\"general-link\" href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-reach-3-97-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-3-billion-302641888.html\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">increased<\/span><\/a><span style=\"font-weight: 400\"> its digital asset holdings over the past week, continuing its push to build a large ETH position.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In its latest disclosure, the company stated that it had purchased 102,259 ETH since its previous update.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">That purchase increased its total holdings to approximately 3.96 million ETH, valued at $ 11.82 billion at the time of publication.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Nevada-based firm has stated previously that it aims to eventually control approximately 5% of Ethereum\u2019s circulating supply.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The update shows that ETH remains the core of BitMine\u2019s balance sheet. But it also holds other crypto assets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The firm reported owning 193 units of Bitcoin, along with a $38M treasury position in Worldcoin.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Beyond digital assets, BitMine disclosed additional holdings that include a stake in Eightco Holdings. It also reported cash reserves of around $1Bn, giving it a sizable liquidity buffer as it continues its accumulation strategy.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With its latest accumulation, BitMine has strengthened its position as the second-largest cryptocurrency treasury company, trailing only Strategy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the same time, it remains the largest publicly known Ethereum treasury, ahead of SharpLink Gaming.<\/span><\/p>\n<p><span style=\"font-weight: 400\">That strain has shown up in the stock. BitMine Immersion shares were down about 9% at the time of publication on Monday, reflecting investor concern around balance-sheet exposure.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Market commentary has also highlighted broader challenges for ETH this cycle.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Crypto analyst Daan Crypto stated that the cycle has not met expectations for ETH, despite the market and the wider Ethereum ecosystem maturing over time.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This cycle might not have been what people anticipated for <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$ETH<\/a>, but no doubt the market and the Ethereum ecosystem has matured during this time.<\/p>\n<p>There&#8217;s more and more large institutions looking to tokenize the world and Ethereum is still the main chain this happens on.<\/p>\n<p>I can&#8217;t\u2026 <a href=\"https:\/\/t.co\/XTCMTEpcYo\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/XTCMTEpcYo<\/a> <a href=\"https:\/\/t.co\/Sc2nLRbM0g\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/Sc2nLRbM0g<\/a><\/p>\n<p>\u2014 Daan Crypto Trades (@DaanCrypto) <a href=\"https:\/\/twitter.com\/DaanCrypto\/status\/2000589577661104223?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">December 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">He noted that more large institutions are now moving toward tokenization, with Ethereum still the main chain for that activity. Price performance, however, has lagged Bitcoin and several other assets.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Longer term, analysts continue to see Ethereum as durable, with this cycle increasingly viewed as a transition phase rather than a final high.<\/span><\/p>\n<p><b>DISCOVER:<\/b><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> <b>15+ Upcoming Coinbase Listings to Watch in 2025<\/b><\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/bitcoin-sees-200m-liquidations-what-does-it-mean-for-ethereum-and-institutional-demand\/\">Bitcoin Sees $200M Liquidations \u2013 What Does It Mean for Ethereum and Institutional Demand?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin fell below the $87,000 level shortly after Wall Street opened on Monday, as fresh selling pressure set off a wave of liquidations across bullish positions. The move picked up speed around the opening bell.\u00a0 Several traders pointed to activity on Binance and the trading firm Wintermute as key sources of new supply entering the [&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-63725","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\/63725","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=63725"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63725\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}