Crypto markets took a shotgun hit this week, with dipping below $110,000 for the first time since July. , on the other hand, shed up to 10% after touching a record high of $4,946. These events saw a huge $900 million liquidations in 24 hours, wiping out crypto long positions.
At the end of last week, a massive whale dumped 24,000 BTC worth $2.7 billion, triggering the shot. This vaporized $846 million in leveraged bets. Retail traders, eyeing upcoming rallies, now face another bleed.
JUST IN: Over $998 million in crypto positions obliterated in brutal liquidation bloodbath. pic.twitter.com/RitnHdmfVa
— Jacob King (@JacobKinge) August 14, 2025
The dump, or as some called it, the dip, caused more than 200,000 traders liquidated. Ethereum is leading the crypto liquidations with $320 million in losses, and Bitcoin trailed with $210 million. Longs bore 90% of the pain, punishing overleveraged bets amid Fed uncertainty.
Outflows hit $1.43 billion weekly, recording the biggest since March. Earlier this week, fears drove $2 billion exits just before Powell’s dovish speech, cooking $594 million inflows. Bitcoin saw $1 billion redemptions, with Ethereum at $440 million.
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Liquidations Often Precede A Bigger Crypto Pump
Before the huge crypto liquidations, Ethereum showed resilience, with month-to-date inflows at $2.5 billion versus Bitcoin’s $1 billion outflows. Year-to-date, Ethereum inflows represent a big 26% of assets under management. This displays institutional rotation toward ETH, with BTC dominance dropping under 60%.
Altcoins, beside Ethereum, also surged, XRP gained $25 million inflows and Solana at $12 million. In contrast, Sui and TON faced outflows of $12.9 million and $1.5 million respectively. However, ETP volumes spiked to $38 billion, a bump of 50% above yearly averages.
(Source – TradingView)
The drop was leading US funds’ outflows with $1.3 billion, including BlackRock’s iShares. Sweden and Switzerland followed with more than $135 million combined.
Bitcoin’s ADX at 16 could be a sign of weak trends, combined with an RSI that is floating at the weak spot for most coins. For BTC, though, support stays at $110,500 and $107,000. Resistance sits at $116,000, with prediction odds flipping to 60% for another drop to $105,000.
Ethereum shows stronger trends, RSI neutral at 58. Support at $4,400 has been hit and reversal could be in the play. Ethereum, after leading crypto liquidations could flip, especially with whales rotated $2.5 billion from BTC.
(RSI Heatmap – coinglass)
For now, Retail eyes recovery. Leverage warnings abound as wealth shifts from weak hands to believers. Polymarket bets 13% on Bitcoin hitting $200,000 by the end of the year, and they could probably win the bet.
One-hour carnage erased $538 million with liquidations, vaporizing more than 200,000 crypto positions after hot PPI data. Overleveraged bulls fueled $1.05 billion long wipes, and traders are now targeting a big upside.
Peter Schiff thinks that crypto will crack under tariffs. Yet data points to Ethereum’s edge, with $400 million bets liquidated. Some forecast ETH at $10,000 long-term amid volatility.
Will crypto recover after the big liquidations?
Well, perhaps the path appears straight when we look back at it. On the way, we often feel lost.” ― Pope Benedict XVI
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Key Takeaways
- Crypto liquidations? Will Crypto recover?
- After the big crypto liquidations, people are now waiting for the next big move, and the memecoin sector could be the first one to explode.
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