About $ 205 billion has left crypto markets in the last 24 hours, so that the total market capitalization is returned to $ 3.84 trillion.
It is the lowest level of total cap since August 6, but it still remains within a six -week sideways channel despite the enormous sale.
Coinglass reported that around 205,000 traders were liquidated in the past day, with total liquidations in more than $ 930 million when livered long Bitcoin positions were flushed. Other analysts were suggestion Those exchanges dumped crypto assets to liquidate the long positions.
Today’s painful but non -resilience has resulted in a correction of 9% for the total crypto markets since their peak on August 14.
Yesterday one of the largest #Bitcoin Long liquidation events since December 2024, with more than $ 150 million in Longs wiped out as the price became lower. pic.twitter.com/okcnbmwl0j
– Glass junction (@glassnode) August 25, 2025
Bitcoin Sleepmarkets down
The large landfill was caused by Bitcoin, who crashed into a low seven weeks of less than $ 109,000 in early Asian trade on Tuesday morning on most exchanges.
This was caused by a Bitcoin -Walvis that sells a full batch of 24,000 BTC worth more than $ 2.7 billion, which actively dropped a few hours to fall $ 4,000.
According to Glassnode, Bitcoin has fallen below the average cost -basis ($ 110,800) from one to three -month -old investors who gathered during the rally from May to July. “Historically it has failed to maintain above this level, often led to weak weakness of several months and potential deeper corrections,” warned.
The total BTC correction is now 12%, which is still much shallower than the pullbacks in September 2017 and 2021, during the bull market years when it actively withdrew by 36%and 24%respectively.
Bitcoin prices could see a retreat between these two levels in September at $ 87,000 before the bullmarkt is resumed.
Altcoins Bleeding
As usual, the Altcoins suffer much more with large losses for Solana that dumps more than 11% to $ 186, Dogecoin drops by 10% in a valley to $ 0.21, Cardano glides 9% to $ 0.83 and chain link refuels 11% to $ 23.30.
Other altcoins in pain are hyperliquid, sui, avalanche and litecoin. Ethereum has lost 7% on the day, but it stays within its lateral channel and started to recover at the time of writing and again acted above $ 4,400. However, ETH has lost more than 11% since his highest time only two days ago.
“It” never feels good “when you buy the dip. The dip comes when the sentiment drops. Writing number can be a good form of discipline,” advised Bitwise Cio Matt Hougan.
When the cryptomarkt tears, everyone says: “I buy Bitcoin if it just retreats to [insert number here]. “
If the dip then takes place, they do not act because the market does not feel right at that time.
One solution: write the price for which you want to buy on a sticky note …
– Matt Hougan (@Matt_Hougan) August 25, 2025
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