XRP, SOL Nosedive 14% as Crypto Bulls Rack $800M Liquidations

Futures tied to major tokens saw over $840 million in long liquidations in the past 24 hours as a bitcoin (BTC) plunge led to losses among major tokens, with some falling nearly 14%.

CoinGlass veri shows that bitcoin traders betting on higher prices lost over $322 million, while bets on ether (ETH) lost nearly $290 million. Smaller alternative tokens (altcoins) recorded nearly $400 million in liquidations — with futures tracking xrp (XRP) and Solana’s SOL seeing an unusually high $80 million in cumulative liquidations.

(Coinglass)

BTC slid to under $77,000 in its worst start to a historically bullish month late Tuesday, with ether (ETH) down 15% to $1,500.

SOL, XRP and dogecoin (DOGE) slid as much as 15%, before slightly recovering in Asian morning hours, with BNB Chain’s bnb holding relatively stronger with a 6% slide. The nosedive in majors was reflected across midcaps and smaller tokens — all showing drops of over 10-20% as per CoinGecko.

Data shows that nearly 86% of all futures bets were bullish. Traders were positioning for higher prices in the weeks ahead on expectations that current ongoings were likely priced in and that markets could see near-term relief.

A liquidation occurs when an exchange forcefully closes a trader’s leveraged position due to the trader’s inability to meet the margin requirements.

Large-scale liquidations can indicate market extremes, like panic selling or buying. A cascade of liquidations might suggest a market turning point, where a price reversal could be imminent due to an overreaction in market sentiment.

Global equities and risk assets such as bitcoin took a hit Monday as investors continue to remain fearful of the fallout from the Trump tariffs, sending U.S. stock index futures lower by about 5% as trading resumed after the weekend.

Hedge fund billionaire Bill Ackman urged the president not to go through with economic “nuclear war” and instead call a “time out” on Monday.

İlginizi Çekebilir:Intel Panther Lake işlemciler sızdırıldı
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

AMD, Nvidia’yı yakalamak için atağa geçti!
Honda İzmir’de yeni fabrika kuruyor
In Win for Polygon’s AggLayer, Magic Labs Unveils Chain Unification Network ‘Newton’
Samsung çok sayıda modelinde One UI 8’i test ediyor
MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K
Şarjı en uzun giden Samsung modelleri – Ağustos 2025
mp4 indir | © 2025 |