Crypto Crash: BTC Below $81K, ETH Below $2,400, $350M Liquidated
Bitcoin fell 3% to ~$80,854 and ETH dropped 6% to ~$2,358, with $350M in crypto longs liquidated in 10 minutes and a major ETH whale's $187M position at risk.
What we know
An account on X flagged $350M in longs liquidated in 10 minutes as BTC and ETH broke key levels. @TheBlockCo confirmed BTC at $80,854 (-3%) and ETH at $2,358 (-6%). Another account on X warned a whale with 79,259 ETH ($187M) in longs faces liquidation at $2,289–$2,300 — the same whale was partially liquidated 6 days ago. Meanwhile, trader Machi was fully liquidated, turning $12.25M back to $21.8K. Contrarian another account on X remains unfazed: '6 weeks and we are back at highs.'
How the story developed
Bitcoin fell 3% to ~$80,854 and ETH dropped 6% to ~$2,358, with $350M in crypto longs liquidated in 10 minutes and a major ETH whale's $187M position at risk.
A whale bought 1,162 BTC (~$96.77M) via Wintermute through 5 fresh wallets. Separately, Patricio Worthalter continues aggressively offloading ETH to Gemini — over $35M in deposits in recent hours. ETH/BTC is also showing a rare technical breakout per analysts.
Sources
“Bitcoin fell 3% to $80,854, ether dropped 6% to $2,358”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.