
{"id":98453,"date":"2025-09-22T06:22:46","date_gmt":"2025-09-22T06:22:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=98453"},"modified":"2025-09-22T06:22:46","modified_gmt":"2025-09-22T06:22:46","slug":"bitcoin-joins-the-altcoin-bloodbath-with-a-sudden-flash-crash-to-112k","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=98453","title":{"rendered":"Bitcoin Joins the Altcoin Bloodbath With a Sudden Flash Crash to $112K"},"content":{"rendered":"<p>Bitcoin\u2019s price actions took a turn for the worse over the past hour or so as the asset plunged to its lowest position since September 10 in a sudden flash crash.<\/p>\n<p>The liquidations, which stood at roughly $600 million earlier today, spiked by another billion as a result.<\/p>\n<p>BREAKING: Over $1 billion worth of Bitcoin longs have been liquidated in 20 minutes after a sudden drop in price.<\/p>\n<p>As we frequently see during the Sunday night session, low liquidity has led to a large washout.<\/p>\n<p>The dip is frequently bought into the US market open. <a href=\"https:\/\/t.co\/u3wfMG9xSu\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/u3wfMG9xSu<\/a><\/p>\n<p>\u2014 The Kobeissi Letter (@KobeissiLetter) <a href=\"https:\/\/twitter.com\/KobeissiLetter\/status\/1970008017681752562?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 22, 2025<\/a><\/p>\n\n<p><em>CryptoPotato<\/em> <a href=\"https:\/\/cryptopotato.com\/altcoin-wipeout-eth-xrp-selloff-triggers-600-million-in-liquidations\/\">reported<\/a> just an hour ago that most of the altcoins have produced painful losses of somewhere between 4% and 8%. ETH and XRP led the pack from the larger caps, while others, like CRO and HYPE, had dumped by 7%-8%.<\/p>\n<p>At the time, BTC was coping rather well. It was still in the red on a daily scale, but it was down by just 1% and remained above $114,500. However, the tides have turned, and the largest cryptocurrency plunged to $112,000 in a vicious flash crash minutes ago.<\/p>\n<p>This meant that bitcoin had lost more than $5,500 since its Sunday price of around $115,600. Naturally, most altcoins followed suit in a similar manner, including ETH, which plunged to under $4,050 before recovering slightly to $4,200 as of press time.<\/p>\n<p>The liquidations have skyrocketed as a result of this massive volatility. They went from $630 million at the time of our previous article to $1.7 billion on a daily scale as of press time. ETH still leads with over $470 million of the total share.<\/p>\n<p>A mindblowing number of more than 400,000 traders have been wrecked daily, while the single largest liquidated position was worth almost $13 million.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Screenshot-2025-09-22-092036.png\"><\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-joins-the-altcoin-bloodbath-with-a-sudden-flash-crash-to-112k\/\">Bitcoin Joins the Altcoin Bloodbath With a Sudden Flash Crash to $112K<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price actions took a turn for the worse over the past hour or so as the asset plunged to its lowest position since September 10 in a sudden flash crash. The liquidations, which stood at roughly $600 million earlier today, spiked by another billion as a result. BREAKING: Over $1 billion worth of Bitcoin [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":98454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98453","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\/98453"}],"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=98453"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/98454"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}