Bitcoin joins the Altcoin Bloodbath with a sudden flash crash up to $ 112k

Bitcoin’s price actions took even worse in the past hour, because it has been actively fell to the lowest position in a sudden flash crash since 10 September.

The liquidations, which earlier today amounted to around $ 600 million, therefore another billion.

Breaking: More than $ 1 billion in Bitcoin Longs is liquidated in 20 minutes after a sudden drop in price.

As we often see during the Sunday evening session, low liquidity has led to a large leaching.

The dip is often purchased in the American market open. pic.twitter.com/u3wfmg9xSu

– De Kobeissi -Letter (@kobeissiletter) September 22, 2025

Cryptopotato Only one hour ago reported that most Altcoins yielded painful losses from somewhere between 4% and 8%. ETH and XRP led the peloton of the larger caps, while others, such as CRO and Hype, had dumped by 7%-8%.

At the time, BTC was pretty good to go. It was still in red on a daily scale, but it had fallen by only 1% and remained above $ 114,500. The tides, however, have changed and the largest cryptocurrency fell to $ 112,000 in a mean flash -crash minutes ago.

This meant that Bitcoin had lost more than $ 5,500 since the Sunday price of around $ 115,600. Of course, most altcoins followed in a similar way, including ETH, which fell to less than $ 4,050 before they take something back to $ 4,200 from the moment of press.

The liquidations have been shot as a result of this enormous volatility. They went from $ 630 million at the time of our previous article to $ 1.7 billion on a daily scale from the moment of the press. ETH still leads by more than $ 470 million of the total share.

A stunning number of more than 400,000 traders has been destroyed daily, while the largest liquidated position was worth nearly $ 13 million.