Bitcoin’s transient dip under $110,000 up to now 24 hours triggered one of many heaviest liquidation rounds in latest occasions.
Based on Coinglass data, crypto merchants betting in the marketplace misplaced $811.6 million, with greater than 179,000 merchants compelled out of positions.
Talking on this broad liquidation occasion, Sean Dawson, head of analysis at Derive.xyz, instructed CryptoSlate:
“This sharp transfer seems to be the results of overleveraged positioning, notably following ETH’s latest run-up, and an in a single day dip within the S&P 500, which weighed on threat property extra broadly.”
Notably, essentially the most important single liquidation got here from a BTC-USDT order value $39.2 million on HTX.
Lengthy merchants, these betting on a value improve, absorbed the majority of the losses, giving up $699.5 million, whereas shorts misplaced $112.2 million. This skew towards longs means that merchants misjudged the energy of the latest rally, leaving them weak when the value pulled again.
Bitcoin accounted for the steepest losses, with merchants shedding over $270 million in a single day. On Aug. 25, Glassnode noted that over $150 million in lengthy positions had been worn out, marking one of many largest flushes since December 2024.
Ethereum adopted with $266 million in liquidations, additionally dominated by lengthy bets. Different main property, together with Solana, Dogecoin, and XRP, noticed extra drawdowns of $38.5 million, $18.8 million, and $17.3 million, respectively.
Bitcoin may dip to $100,000
In the meantime, the numerous liquidations have fed into rising bearish sentiment amongst market contributors, in line with information from Derive.xyz
Knowledge from the crypto derivatives buying and selling platform confirmed that crypto merchants now see a 35% chance of Bitcoin falling to $100,000 earlier than the tip of September, and a 55% likelihood that Ethereum may retest $4,000.
Dawson defined that the 25-delta skew has turned adverse for each BTC and ETH, that means merchants are paying extra for draw back safety than upside publicity.
Based on him:
“That is the strongest demand for draw back safety we’ve seen in two weeks. Merchants seem like bracing for potential retests of $4,000 for ETH and $100,000 for BTC.”
He additional famous that macroeconomic headwinds and volatility are weighing on the outlook, resetting threat appetites throughout the market.
Bitcoin Market Knowledge
On the time of press 11:54 am UTC on Aug. 26, 2025, Bitcoin is ranked #1 by market cap and the value is down 0.81% over the previous 24 hours. Bitcoin has a market capitalization of $2.2 trillion with a 24-hour buying and selling quantity of $80.68 billion. Learn more about Bitcoin ›
Crypto Market Abstract
On the time of press 11:54 am UTC on Aug. 26, 2025, the overall crypto market is valued at at $3.8 trillion with a 24-hour quantity of $213.59 billion. Bitcoin dominance is at present at 57.79%. Learn more about the crypto market ›