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Ether and Dogecoin Lead $1.5 Billion Liquidation Carnage as Bitcoin Plunges Below $112K

Ether and Dogecoin Lead $1.5 Billion Liquidation Carnage as Bitcoin Plunges Below $112K

Author:
Coindesk
Published:
2025-09-22 08:30:14
17
1

Ether, Dogecoin Lead $1.5B Liquidation Wipeout as Bitcoin Slips Below $112K

Crypto markets just got steamrolled—$1.5 billion in liquidations torched portfolios as Bitcoin crumbled under $112,000.

Ether and Dogecoin led the bloodbath, dragging altcoins into a cascading sell-off. Leveraged positions got obliterated faster than a meme coin's credibility.

Traders who chased the euphoria got a brutal reminder: crypto doesn't do soft landings. The 'number go up' cult learned the hard way that gravity still applies—even in decentralized finance.

Meanwhile, Wall Street analysts nod sagely, having predicted this 'healthy correction' right after it happened. Classic.

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