Well, darlings, it seems the crypto market has gone into a complete tizzy, and $1.13 billion has just been wiped away in a dramatic swoop of liquidation. How utterly thrilling, isn’t it? 💅
🩸 MASSIVE: $1,200,000,000 ($1.12B) worth of crypto longs & shorts liquidated in the past 24 hours.
– The Crypto Times (@CryptoTimes_io) September 25, 2025
According to the data from Coinglass-how reliable, like your cousin after a few too many glasses of wine-around 252,502 poor souls were liquidated. A staggering $1.04 billion came from those blissfully optimistic traders who thought betting on the long positions was a good idea, while a mere $83.88 million was sacrificed by the short position enthusiasts. Truly, a spectacle of money-making gone awry. 🎭
Now, brace yourselves for the drama: Ethereum (ETH) led the carnage, with a tidy $428.11 million lost in a single day. How utterly tragic. Bitcoin (BTC) followed, contributing a mere $273.60 million to the chaos, while Solana, oh dear, managed to lose $75.20 million. The altcoins, like Avalanche (AVAX), XRP, and Dogecoin (DOGE), joined the pity parade, though their losses were rather less spectacular, if that’s any consolation.
The largest liquidation order, worth $29.12 million, was recorded on Hyperliquid-oh the sheer audacity-in the ETH-USD market. Truly, the stuff of legends!
The Coinglass heatmap, ever the drama queen, reveals that Ethereum absolutely dominated this liquidation drama, as those who bet on the price soaring have now found themselves on the wrong side of fate. One particularly unlucky soul lost a staggering $45 million during the bloodbath. And to add insult to injury, this individual was once confident in Ethereum’s surge but saw their position evaporate when prices plummeted below $4000. Sweetheart, your $45 million is gone, and you’re left with crumbs. 😬
As of this moment, Ethereum has lost 5.92% of its value today, courtesy of the sell-off. At the time of writing, ETH is hanging on by a thread at $3,924, down from its daily high of $4,273. How the mighty have fallen!
Bitcoin, of course, is no exception, dropping from an intraday high of $113,660 to a much more modest $108,823. And as for the overall market, well darling, it’s down by a mere 3.95%, valuing it at $3.73 trillion. Oh, what a day. 😏
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2025-09-26 00:21