{"id":9789,"date":"2025-01-27T06:02:15","date_gmt":"2025-01-27T06:02:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9789"},"modified":"2025-01-27T06:02:15","modified_gmt":"2025-01-27T06:02:15","slug":"bitcoins-plunge-below-100k-wipes-out-a-single-whale-for-100m","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9789","title":{"rendered":"Bitcoin\u2019s Plunge Below $100K Wipes Out a Single Whale for $100M"},"content":{"rendered":"
\n

After the quiet weekend, in which BTC stood primarily around $105,000, the asset\u2019s price movements have turned sour, and it slumped to a weekly low of under $100,000.<\/p>\n

The altcoins have bled out even more heavily, with massive price declines from the likes of DOGE, XRP, ADA, SOL, and many others.<\/p>\n

\"BTCUSD.<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

Similar to the previous Monday, this one has started quite painfully for the crypto market. As reported<\/a> over the weekend, bitcoin had calmed at around $105,000 with little to no movements over a 36-hour period.<\/p>\n

However, the Monday morning Asian trading session began with a nosedive that pushed the largest digital asset from its aforementioned level to a weekly low (for now) of $99,700.<\/p>\n

This 5% daily drop has harmed the cryptocurrency\u2019s market cap, which has plunged below the coveted $2 trillion mark.<\/p>\n

The altcoins have felt even more substantial pain within the same period. ETH, which challenged $3,400 a few days ago, has dropped by 7% in a day to $3,100.<\/p>\n

XRP has slumped below $3 for the first time in a few weeks, BNB is down to $650, ADA has plunged to $0.9, and LINK is at $23. More substantial declines come from the likes of SOL, DOGE, SUI, PEPE, HBAR, SHIB, LTC, APT, AAVE, and others, as all of them are with double-digit losses.<\/p>\n

CoinGlass\u2019 data paints a violent picture of the aforementioned volatility. The total value of wrecked positions has shot up to well above $600 million on a daily scale and $560 million within the past 12 hours alone.<\/p>\n

Nearly 230,000 traders have been liquidated, while the largest single wrecked position is a whopping one of $98.46 million. It took place on HTX and involved the BTC\/USDT pair.<\/p>\n

\"Liquidation<\/a>
Liquidation Heat Map. Source: CoinGlass<\/figcaption><\/figure>\n

The post Bitcoin\u2019s Plunge Below $100K Wipes Out a Single Whale for $100M<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

After the quiet weekend, in which BTC stood primarily around $105,000, the asset\u2019s price movements have turned sour, and it slumped to a weekly low of under $100,000. The altcoins have bled out even more heavily, with massive price declines from the likes of DOGE, XRP, ADA, SOL, and many others. BTCUSD. Source: TradingView Similar […]<\/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-9789","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\/9789","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=9789"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9789\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}