🚨 CRYPTO JUST LOST $1.19 BILLION IN LIQUIDATIONS — ETH TOOK A BIGGER HIT! 💥
The crypto market experienced a brutal leverage flush on Thursday, wiping out approximately $1.19B in positions within 24 hours. 📉
The most surprising part? Long traders accounted for roughly 85–95% of the liquidations.
Here’s how the damage was split 👇
🔻 Ethereum ($ETH): Around $356M liquidated
🔻 Bitcoin ($BTC): Around $298M liquidated
ETH actually suffered a much heavier hit relative to its market size. When leveraged positions unwind this aggressively, even a small price move can trigger a chain reaction of liquidations. ⚠️
📊 Where the market stands:
🟠 BTC: Near $82.5K, after dipping to $80.9K
🔵 ETH: Around $2,498, struggling to reclaim $2,500
🎯 Key levels on my radar:
Bitcoin
🟢 Support: $80.9K
🔴 Resistance: $83K–$83.5K
Ethereum
🔴 First hurdle: $2,500
🔴 Next resistance zone: $2,560–$2,600
👀 What could happen next?
🐂 Bullish case: Some analysts believe the market may have found a bottom, while BitMine continues accumulating ETH.
🐻 Bearish case: Weakening altcoin ETF inflows, elevated oil prices, and the upcoming October 27–28 Fed meeting could keep volatility high.
⚡ One more thing to remember: This comes just before the anniversary of the October 10, 2025 market crash, when more than $19B in positions were reportedly liquidated.
A massive liquidation event doesn't automatically mean the bottom is in. The next move will depend on whether buyers step in or selling pressure continues.
💬 What's your strategy right now?
Are you buying this dip, waiting for confirmation, or reducing leverage until the market settles?
Drop your thoughts below! 👇
#Bitcoin #Ethereum #BTC #ETH #CryptoMarket #CryptoNews
Not financial advice. Always DYOR.
The crypto market experienced a brutal leverage flush on Thursday, wiping out approximately $1.19B in positions within 24 hours. 📉
The most surprising part? Long traders accounted for roughly 85–95% of the liquidations.
Here’s how the damage was split 👇
🔻 Ethereum ($ETH): Around $356M liquidated
🔻 Bitcoin ($BTC): Around $298M liquidated
ETH actually suffered a much heavier hit relative to its market size. When leveraged positions unwind this aggressively, even a small price move can trigger a chain reaction of liquidations. ⚠️
📊 Where the market stands:
🟠 BTC: Near $82.5K, after dipping to $80.9K
🔵 ETH: Around $2,498, struggling to reclaim $2,500
🎯 Key levels on my radar:
Bitcoin
🟢 Support: $80.9K
🔴 Resistance: $83K–$83.5K
Ethereum
🔴 First hurdle: $2,500
🔴 Next resistance zone: $2,560–$2,600
👀 What could happen next?
🐂 Bullish case: Some analysts believe the market may have found a bottom, while BitMine continues accumulating ETH.
🐻 Bearish case: Weakening altcoin ETF inflows, elevated oil prices, and the upcoming October 27–28 Fed meeting could keep volatility high.
⚡ One more thing to remember: This comes just before the anniversary of the October 10, 2025 market crash, when more than $19B in positions were reportedly liquidated.
A massive liquidation event doesn't automatically mean the bottom is in. The next move will depend on whether buyers step in or selling pressure continues.
💬 What's your strategy right now?
Are you buying this dip, waiting for confirmation, or reducing leverage until the market settles?
Drop your thoughts below! 👇
#Bitcoin #Ethereum #BTC #ETH #CryptoMarket #CryptoNews
Not financial advice. Always DYOR.