{"id":91539,"date":"2025-08-26T21:00:15","date_gmt":"2025-08-26T21:00:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91539"},"modified":"2025-08-26T21:00:15","modified_gmt":"2025-08-26T21:00:15","slug":"nearly-1b-wiped-out-in-crypto-liquidations-are-whales-turning-the-crash-into-a-buying-opportunity","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91539","title":{"rendered":"Nearly $1B Wiped Out in Crypto Liquidations: Are Whales Turning the Crash Into a Buying Opportunity?"},"content":{"rendered":"

The crypto market has been rocked by a wave of liquidations totaling nearly $808 million in the past 24 hours, with Bitcoin (BTC) dipping below the critical $110,000 threshold.<\/p>\n

This mass sell-off erased nearly all gains sparked by Federal Reserve Chair Jerome Powell\u2019s dovish comments at Jackson Hole just days earlier, leaving investors questioning whether the dip signals opportunity, or danger.<\/p>\n

Bitcoin Flash Crash Triggers Massive Liquidations<\/strong><\/h2>\n

Data from CoinGlass<\/a> shows that long positions accounted for $696 million of the $112 million liquidated, underscoring how overleveraged bullish traders were caught off guard.<\/p>\n

Bitcoin alone saw $272 million liquidated, while Ethereum (ETH) followed the list at $262 million. Altcoins including Solana, XRP, and Dogecoin also suffered double-digit losses, dragging the global market cap down by nearly $200 billion to $3.8 trillion.<\/p>\n

The sudden downturn was intensified by a Bitcoin whale unloading 24,000 BTC worth $2.7 billion, triggering a flash crash that sent shockwaves across exchanges. More than 200,000 traders were liquidated, with the single largest liquidation coming from a $39 million BTC trade on HTX.<\/p>\n\n

Are Whales Buying the Dip?<\/strong><\/p>\n

Despite the sell-off, blockchain data<\/a> reveals that several large holders have been scooping up BTC and ETH during the downturn.<\/p>\n

One whale reportedly acquired 455 BTC ($50M), while another spent nearly $100M USDC to accumulate both Bitcoin and Ethereum. BitMine Immersion, one of the largest ETH holders, also added nearly 5,000 ETH to its reserves, signaling confidence in long-term growth despite short-term volatility.<\/p>\n

This \u201cbuy the dip\u201d behavior suggests whales may see the correction as an entry point, boosting the belief among some analysts that the market is experiencing a healthy reset after weeks of overleveraging.<\/p>\n

What Comes Next for Bitcoin and Crypto?<\/strong><\/p>\n

While Bitcoin trades precariously around $110,000, analysts warn that the next critical support lies at $105,000. A breakdown below this level could accelerate a fall toward the $92,000\u2013$100,000 range. September has also historically been a weak month for crypto, adding further downside risk.<\/p>\n

Still, record-high futures open interest and institutional flows into ETH signal that sentiment hasn\u2019t turned fully bearish. Whether this is the start of a deeper correction or just a shakeout before the next leg up, one thing is clear: whales are quietly betting on a rebound.<\/p>\n

Cover image from ChatGPT, BTCUSD chart from Tradingview<\/p>","protected":false},"excerpt":{"rendered":"

The crypto market has been rocked by a wave of liquidations totaling nearly $808 million in the past 24 hours, with Bitcoin (BTC) dipping below the critical $110,000 threshold. This mass sell-off erased nearly all gains sparked by Federal Reserve Chair Jerome Powell\u2019s dovish comments at Jackson Hole just days earlier, leaving investors questioning whether […]<\/p>\n","protected":false},"author":0,"featured_media":91540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91539"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=91539"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91540"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}