Crypto Market Movers

Story: Bitcoin, Ether, Solana Traders Liquidated for Over $1B as Prices Plunge 5–10%

By Steven Anderson

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Bitcoin Leads the Liquidation Wave. The largest single liquidation was recorded on HTX, where a $33.

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Ethereum and Solana Follow Bitcoin’s Lead. Ethereum (ETH) and Solana (SOL) were not spared from the market-wide correction.

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Understanding Liquidations and Market Mechanics. Liquidations occur when traders using borrowed funds (leverage) are forced to exit positions…

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What Triggered the Sudden Sell-Off?. The liquidation wave followed Bitcoin’s rejection near $113,000, a level that traders have been…

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Macro Factors Add Pressure. The broader macroeconomic environment also played a role in the downturn.

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A “Clearing Moment” for Overheated Markets. Despite the panic, analysts say such liquidation events can be healthy in the long term.

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The crypto market experienced a major shake-up on Monday as Bitcoin, Ethereum, and Solana prices tumbled between 5% and 10%, leading to over $1.

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According to data from CoinGlass, nearly 90% of the total liquidations came from long traders, amounting to $1.14 billion in bullish positions wiped out.

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The sell-off came after Bitcoin fell from around $112,000 to below $106,000, sparking a chain reaction across major exchanges as leveraged traders were forced to close their…

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The largest single liquidation was recorded on HTX, where a $33.95 million BTC-USDT long position was forcibly closed.

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The bulk of these liquidations — roughly 98% on Hyperliquid — were from long traders betting on continued price gains.

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Bitcoin’s inability to maintain momentum, combined with thin order books and high leverage, made conditions ripe for a liquidation cascade.

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Ethereum (ETH) and Solana (SOL) were not spared from the market-wide correction. Combined, the two cryptocurrencies saw over $300 million in liquidations, as both assets mirrored…

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Ethereum slipped below $3,600, while Solana dropped to around $165, erasing significant gains from earlier in the week.

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The broader market also weakened as major altcoins followed suit. Many smaller-cap tokens saw double-digit losses amid the unwinding of speculative positions, signaling a return…

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