$250,000,000 worth of crypto longs liquidated in the past 30 minutes

[u/goldyluckinblokchain]

[u/SenseiRaheem]

Ah, the sound of the toilet flushing.

[u/Next_Statement6145 → u/SenseiRaheem]

my first was thought was that the orange man opened his mouth again but i was wrong, it’s just pure manipulation

[u/Consistent-Drama-643 → u/Next_Statement6145]

Or just Eth breaking over historic ATH and people having sell orders placed at that level

[u/titsngiggles69 → u/Consistent-Drama-643]

That's a reasonable take that doesn't draw in clicks for sensational crypto "articles", so obviously you're wrong

[u/gpattikjr → u/Consistent-Drama-643]

Liquidation implies they got margin called. I have no idea why you would be trying to short ethereum right now. I think you're right with sells starting it, but add in the trailing stops for the "liquidation" headline.

[u/fasole99 → u/gpattikjr]

Well the articole states long positions not shorts.

[u/gpattikjr → u/fasole99]

Yeah. I found a better article. Someone dumped 24k bitcoin into low volume and tanked the price. All the leveraged positions got margin called because they were too far under.

[u/PqqMo → u/gpattikjr]

Everyone shorts an ath

[u/krfc89 → u/Consistent-Drama-643]

they would np trigger under 4850 buy it if keep on falling

[u/Laurelindore → u/Next_Statement6145]

Tbf it’s either or 

Then we get a Putin Zelenskyy ceasefire announcement and voila, short squeeze to 150k

Then believe it or not, bear 

[u/god_damn_you_tiger → u/Laurelindore]

At his point wouldn’t be surprised

[u/iphonesoccer420 → u/Next_Statement6145]

Ofc that’s your first thought. The dude lives rent free in your head. You dream about the man.

[u/Extreme-Rub-1379 → u/iphonesoccer420]

I don't understand why chuds think this is some gotcha.

People are afraid of a world leader, who might have an outsized influence on their livelihood. It makes sense that people would consider that person daily.

Fucking morons, the lot of ya

[u/iphonesoccer420 → u/Extreme-Rub-1379]

Lol world leader yeah ok. Refer to my original comment. Rent free. Fairy tale land you live in. Worry about your own countries problems.

[u/jdbway → u/iphonesoccer420]

Literally using fucking troops against his own people. 4th amendment be damned

[u/Extreme-Rub-1379 → u/iphonesoccer420]

My dick lives rent free in your mom

[u/iphonesoccer420 → u/Extreme-Rub-1379]

OOOO DOOOD GOOD ONE!! Apparently you and the rest of the unathletic chubby cheek blonde bang kids on the internet are inside her. Doood!! Crazy! I’m proud of you lil pup!!

[u/Extreme-Rub-1379 → u/iphonesoccer420]

I'm shredded and your mom loves it

[u/iphonesoccer420 → u/Extreme-Rub-1379]

I bet

[u/Extreme-Rub-1379 → u/iphonesoccer420]

She told me you have a gambling problem

[u/WorldlyBuy1591 → u/Extreme-Rub-1379]

I used to think trump was ok, in a i dont really care way. Until i started buying stocks and him opening his mouth and throwing tarrifs around makes everything red :(

[u/Next_Statement6145 → u/iphonesoccer420]

yes i dream about the man. now what?

[u/iphonesoccer420 → u/Next_Statement6145]

Thanks for admitting it. Now get some vitamin D and focus on other things in life than him.

[u/jdbway → u/iphonesoccer420]

I got some vitamin D for you right here goofball

[u/iphonesoccer420 → u/jdbway]

Don’t threaten me with a good time lil guy

[u/jdbway → u/iphonesoccer420]

Just bizarre

[u/m0nk_3y_gw → u/iphonesoccer420]

Some people just understand simple cause and effect and weren't in a coma in April

https://fortune.com/crypto/2025/04/07/bitcoin-plunges-trump-tariff-announcement-stock-market-downturn/

[u/mavetgrigori → u/iphonesoccer420]

It is rather normal to care what politicians do, especially the head of your nation. I am sorry that you find it odd that people care about politics. Guess the founding father's were woke snowflakes who let the King live rent-free in their heads, too. Keep being ignorant, it must be blissful.

[u/lloydeph6 → u/SenseiRaheem]

Or wealth distribution? Taken from the poor to feed the rich…..

[u/SimpleMoonFarmer → u/lloydeph6]

From the impatient to the patient.

[u/Hotplate77 → u/SenseiRaheem]

Why is the toilet flushing if they were betting favorably on the market?

[u/LakeZombie09]

Late longs on Friday getting wiped….. everytime. The fact it is happening at this time and not after weekly close tonight is promising. Gives us time to see if the market absorbs it. Now to watch until 7pm cst tonight to see what happens

[u/JustinCompton79 → u/LakeZombie09]

Friday’s payday deposits gone!

[u/humblenarcissist112 → u/LakeZombie09]

What’s the updated assessment

[u/LakeZombie09 → u/humblenarcissist112]

Eh not great. Looks like a trend into the 104 support for Bitcoin. Bounce there towards end of September

[u/loulan]

Any reason for the dip or is it just crypto being crypto?

[u/MACO-Operator → u/loulan]

No. It’s just manipulation. Nothing more, nothing less.

[u/CaptainPhiIips → u/MACO-Operator]

I see BTC and in general all tokens/coins following same trend up and down.

Can you ELI5 whats happening?

Edit: Thanks for the comments guys

[u/god_damn_you_tiger → u/CaptainPhiIips]

Longs got rekt, around 350mill in the past 4 hours

[u/Alert-Author-7554 → u/CaptainPhiIips]

Bitcoin is the biggest and oldest coin, like the boss of the playground. When Bitcoin goes up, people get happy and buy other coins too. When Bitcoin goes down, people get scared and sell other coins.

[u/zebleck → u/Alert-Author-7554]

lol you know the market is dominated by algorithms not people right?

[u/Alert-Author-7554 → u/zebleck]

and they are coded by aliens or terminator?

dont be a clown

[u/Various-Ad-8572 → u/CaptainPhiIips]

10 kids in your class like to collect pokemon cards.

You spend some money on pokemon cards. The value of the pokemon cards change over time.

A few years later you expect the pokemon cards to be worth more.

[u/SmokesQuantity → u/Various-Ad-8572]

And then too many people simultaneously trying to sell the exact same cards when they’re worth the most. Crashing the value

[u/Aaaaand-its-gone → u/CaptainPhiIips]

Everything allows follows Bitcoin because there so much algo/bot trading

[u/unlikely-contender → u/MACO-Operator]

manipulation? how would that work?

[u/SmokesQuantity → u/unlikely-contender]

you could throw a few million down and hope it turns the tide. if you have enough pull maybe just a few social media posts. And viral fake news.

It’s all still a gamble though, I’m not seeing the manipulation here. Anytime a stock hits an all time high, people are gonna sell and the price is gonna drop back a bit, no?

Also everyone jumping in and leveraging long bets at the top with the hope that it will keep going up seems like it would fuck things up

I

[u/OhiENT → u/MACO-Operator]

Why is everybody saying manipulation 😂 y’all are a bunch of fucking children.

[u/SillyMoneyRick → u/OhiENT]

Just say you don't know how to read the blockchain. Binance and wintermute dumped the price. It's very clear manipulation.

[u/dani6465 → u/SillyMoneyRick]

When you write Binance, is it volume through Binance, or the company itself that dumped holdings? And at that magnitude? Because if it is simply through finance, what you just wrote is non-sense.

[u/Josuk → u/OhiENT]

You must be new

[u/MACO-Operator → u/OhiENT]

If you do not see any manipulation here but normal market behavior, then maybe cryptos are not your thing. It’s not a shame, not everybody can understand things like cryptos and markets. Hope you’ll find yourself some interests you’ll understand their basics.

[u/debtfreegoal → u/loulan]

So the Market Makers flushing out the longs, is actually a good thing unless you’re one of those longs.

The MM probably benefits from a quick short position while driving the price down, then buy back more at a lower price and we are set to run up again this week.

Lesson.., if you’re trying to ride a pump with 100x longs, take your quick profits and move along. Don’t wait to 1000x your position over a weekend…

[u/Kiiaru → u/loulan]

Whales be whaling 🐋 🎣

[u/Specific-Raspberry94 → u/loulan]

The whales are controlling the market for fun

[u/Jane_the_doe → u/Specific-Raspberry94]

Weeeee.... Sigh

[u/77easy → u/loulan]

A lot of pairs get traded /btc, as you can imagine when btc drops arbitrage bots also take advantage of the other pairs which causes everything to drop simultaneously

[u/elenchick → u/loulan]

Crypto is being crypto I guess

[u/Aggravating-Lead-120 → u/loulan]

Exit liquidity rang the doorbell

[u/Josuk → u/loulan]

Eth hit ath

[u/Ludavic → u/loulan]

probably just crypto doing its usual rollercoaster, nothing new there. I usually see dips as a chance to stack more $PEAQ since it’s still way undervalued anyway.

[u/wienercat → u/loulan]

If large amounts of money suddenly move without external factors being known to the public, it's either manipulation or people with insider knowledge doing some illegal shit.

[u/MyPizzaWithPepperoni]

Damn this looks manipulated as hell.

[u/Ticomonster17 → u/MyPizzaWithPepperoni]

That’s the whole point of institutions getting in on the game

[u/Heavensent666 → u/MyPizzaWithPepperoni]

lol bruh it’s always been and always will be. Market makers need your $ duh

[u/Ethwh4le → u/Heavensent666]

Fr it was like this prev run too without all the etf

[u/I__G → u/Heavensent666]

They can get my wet farts

[u/Bitchinfussincussin → u/MyPizzaWithPepperoni]

because it is

See if ETH holds

[u/IWTLEverything → u/Bitchinfussincussin]

Yeah looks like ETH spiked over a few hours this morning and then dumped back to about where it was yesterday. Super fishy

[u/IMSLI → u/Bitchinfussincussin]

Back down to <4.8k

[u/ShittingOutPosts → u/IMSLI]

Man, Bitcoin is running laps around ETH this cycle.

[u/Remarkable-Opening69 → u/ShittingOutPosts]

ETF’s

[u/ShittingOutPosts → u/Remarkable-Opening69]

Which ones? BTC or ETH?

[u/Remarkable-Opening69 → u/ShittingOutPosts]

I’d say BTC being the first would have the most momentum and trust as the space grows.

[u/Roflcopter71 → u/Bitchinfussincussin]

They are dumping bitcoin so that eth dumps twice as hard. They want to maintain Bitcoin dominance.

[u/Bitchinfussincussin → u/Roflcopter71]

It worked like a charm at about 1230 PST

[u/mohicanin → u/MyPizzaWithPepperoni]

No free ride for late longs, simple as that. Flush market first, then we can pump.

[u/thaneliness → u/MyPizzaWithPepperoni]

Hmm just like the stock market?

[u/partymsl → u/MyPizzaWithPepperoni]

ETH pumping to ATHs on illiquid Sunday?

Most obvious manipulation ever.

[u/wo0two0t → u/MyPizzaWithPepperoni]

Hmmmm

[u/Boddis → u/MyPizzaWithPepperoni]

Meet the new boss, same as the old boss

[u/Sphan_86 → u/MyPizzaWithPepperoni]

Manipulated by greed.

[u/BanRDDTthoughtpolice → u/MyPizzaWithPepperoni]

Aladdin.

[u/briefcase_vs_shotgun → u/MyPizzaWithPepperoni]

Does anything ever not look manipulated to you?

[u/jshrngh → u/MyPizzaWithPepperoni]

First time?

[u/doghairpile → u/MyPizzaWithPepperoni]

Yall wanted mass adoption lol

[u/imadumbshit69]

Weird, I just sold some a few hours ago

[u/goldyluckinblokchain → u/imadumbshit69]

Username does not check out

[u/imadumbshit69 → u/goldyluckinblokchain]

I bought Moons with it. Ask me if it does in six months.

[u/goldyluckinblokchain → u/imadumbshit69]

Username checks out

[u/Chenelka007]

Here we go. 

[u/goldyluckinblokchain]

[u/marketingguruss → u/goldyluckinblokchain]

What gif is this called

[u/goldyluckinblokchain → u/marketingguruss]

'red candle'

[u/bananaholy → u/goldyluckinblokchain]

Not enough dip

[u/elmarcelito]

Sorry, I just bought 🙏

[u/kirtash93]

[u/CriticalCobraz]

Don't do leverage trading, mmhkay?

[u/SillyMoneyRick → u/CriticalCobraz]

My longs are fine. Practice risk management, mkay?

[u/MACO-Operator]

Alts pumping like crazy. BTC crashing it all after a few hours. Manipulation at its finest.

[u/mcgravier → u/MACO-Operator]

More likely liquidity exits from BTC to alts.

[u/LetsLearnYouZhongWen → u/MACO-Operator]

Happened twice in the last 2-3 days. I "tethered" to BTC when all of my alts pumped but BTC dumped. It was the weirdest experience in a long, long time.

[u/Aggressive_Trick_654]

This is why I don't play with leverage.

[u/partymsl]

First it was shorts and now it's longs...

It will just continue like that and if you gamble on leverage the market fucks you up.

[u/Frustrated_Bettor]

Good thing I'm in it for the long-term :)

[u/wallyone123 → u/Frustrated_Bettor]

I’m in it for the technology or something 🤷🏼‍♂️

[u/Madvillains → u/Frustrated_Bettor]

I mean you can always sell at ATH and rebuy when it drops, no point holding bags endlessly through swings, you leave a lot on table.

[u/Frustrated_Bettor → u/Madvillains]

Traders usually lose money trying to time the market

[u/Crytid_Currency → u/Frustrated_Bettor]

I’ve found this subreddit really struggles with this concept

[u/Just_a_man_more → u/Madvillains]

A friend used to do that , he liked to buy bitcoin very low and sell high. On 2021 he sold his 3 bitcoins and waited for a big dip (he was expecting a crash). He never bought again and to this day he's regretting it.

[u/pwnti]

I prefer liquidated shorts over longs ♥️ Any way, dont leverage too greedy guys

[u/Calm_Voice_9791]

they never learn to stop leveraging or what

[u/LivingTheTruths]

Welcome to crypto. Even if crypto hits a 100T market cap, the same volatility will always remain the same

[u/A1JX52rentner → u/LivingTheTruths]

You mean -2%?

[u/sagewynn]

63b volume over 24 hr as of time of writing this, 2t market cap.

I'm failing to see what is sensational about this? Am I missing something?

[u/Interesting_Drag143]

Freeeeeee Fallin’

[u/EpicMichaelFreeman]

Farewell money

[u/thaneliness]

They’re just making it cheaper for themselves before it rockets again. Buy up

[u/BrowsingCoins]

Got to flush them out

[u/livinthegaybearlife]

so this is a buying opportunity for regards?

[u/LumpyShock9656 → u/livinthegaybearlife]

I bought a bit on the dip

[u/laguna1126]

And people say decentralization would prevent manipulation. lol

[u/Lega17]

https://www.coinglass.com/pro/futures/LiquidationMap

[u/sinkmyteethin → u/Lega17]

Worth checking out this analysis on where AI is heading.

[u/Important_Point_8145]

What does liquidated mean new to crypto

[u/mbate2305 → u/Important_Point_8145]

Lost money

[u/akhen09 → u/Important_Point_8145]

Mean all asset, money, anything they put up to trade future. gone

[u/ricosuave79 → u/Important_Point_8145]

Ask Gemini or ChatGPT

[u/JeffreyDollarz]

Ok.

[u/fwckr4ddeit]

these "longs" haven't been "long" for very long, right? else they wouldn't be liquidating

[u/spiffco7]

Can anyone explain how it is possible to be long btc and still lose?

[u/ricosuave79 → u/spiffco7]

It’s bought using leverage (borrowed 💰). Price goes down, they are margin called and force sold.

[u/A_Dragon]

Only if you sold like a moron

[u/jretzy]

Newsflash: Crypto markets are big and full of degens. More at 11.

[u/2CommaNoob]

This is why I don’t want 24/7 trading. No time to relax

[u/Ok-Amphibian3164]

Russia

[u/iamwhoiwasnow]

I mean I just got into crypto again so this makes perfect sense...

[u/accessmemorex1]

Recently, someone got control of a billion dollar old wallet...They just made their move.

[u/wee_d]

Market manipulation

[u/rei1004]

Another giant tech?

[u/OkApartment1950]

.But I believe 110 is the new floor

[u/mastarb8ter]

I would like it to go down even further

[u/dangersson]

$250M in a multi-trillion market? That's a drop of water.

[u/Bbbighurt88]

I found my wallet

[u/SnooRegrets6428]

Rotating into other crytpos

[u/LebrahnJahmes]

I wonder just how well equipped an idealistic militia could be with $250m? Guess we are about to see. Or we just lived thru the greatest drug deal of all time.

[u/tesseramous]

These numbers are nothing. In 2021 it would be like 8 billion

[u/pesa44]

It's just a minor slowdown before rate cut price jump. Be ready for a blastoff in 2 weeks.

[u/Arche93 → u/pesa44]

Not when next inflation print comes in hotter than a Sunset Strip hooker.

[u/pesa44 → u/Arche93]

You just added another argument for the price move higher. Just look back what happened when they started printing money last time..

[u/thetimetravelerz]

time to tighten the crypto seat belts?

[u/parrocat5]

Nice. They deserve it. 💩

[u/WhyNot_Because]

Serious question. Doesn't that also mean $250 mil was purchased?

[u/JamestotheJam]

This is all a flawed, heavily manipulated game, in the grand scheme of things. Four months ago, everyone was saying Ethereum was a disappointment. And now, after only a few months, ATH and euphoria. Every. single. time. Same thing. XRP reaches $3.64 in mid July. Then drops to $2.75 only a week ago. This instability is the reason why crypto continues to be seen as gambling, and rightfully so.

[u/ElectronicOutcome291]

Btc will come Back Up and pump those alts :)

[u/AvariceAndApocalypse]

Riggers gonna rig.

[u/I__G]

Drill, baby, drill

[u/LumpyShock9656 → u/I__G]

It needs to drop more so that I can buy more

[u/Sens420]

Canadian here. Sold my whole position (ETF in a TFSA) on Friday with the plan of putting back into another ETF immediately (one that actually holds the keys for their coins) but opted to wait for Monday as it was sliding a little Friday afternoon. 

What to do hmmmm

[u/RelativeContest4168]

Lol 😂 pack it in boys winters here

[u/Crytid_Currency]

leveraged short sellers positions being flushed out?

[u/ICE-FlGHT]

What.

Is.

Happening.

[u/ricosuave79 → u/ICE-FlGHT]

I don’t know….. I’m freaking it man. 🚬🍄‍🟫