Crypto Carnage: $900M in Bullish Bets Wiped Out as Ether, Dogecoin, Bitcoin Plunge

Bloodbath hits crypto markets as leveraged longs get obliterated in massive liquidation event.

The Great Unwind

Nearly a billion dollars in optimistic positions vaporized faster than a meme coin promise. Ether, Dogecoin, and Bitcoin led the charge downward—triggering cascading liquidations that crushed overleveraged traders.

Leverage Meets Reality

Liquidations hit $900 million as prices sliced through critical support levels. The market moves highlight the brutal efficiency of crypto's margin trading ecosystem—where dreams of lambos meet the cold reality of automated sell-offs.

Smart Money's Silent Warning

While retail traders piled into bullish bets, institutional flows told a different story. The smart money had been building protection for weeks—another reminder that when Wall Street plays crypto, they bring both rockets and parachutes.

Markets don't care about your conviction—only your collateral. And right now, the machines are collecting.