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

Crypto markets bleed $1.5 billion in liquidations as Ethereum and Dogecoin lead the carnage.

BITCOIN BREAKS KEY SUPPORT

BTC tumbles below $112,000—triggering cascade liquidations across leveraged positions. The drop catches overconfident traders off-guard, wiping out recent gains in minutes.

ALTCOIN DOMINO EFFECT

Ether and Dogecoin spearhead the downturn, proving once again that when Bitcoin sneezes, the entire crypto market catches pneumonia. Liquidations hit derivatives traders hardest, with long positions evaporating faster than a meme coin's credibility.

TRADERS FACE RECKONING

The $1.5 billion wipeout serves as another expensive reminder that leverage works both ways—just ask the hedge fund managers now explaining to clients why they treated crypto like a casino. Markets don't care about your stop-loss when volatility decides to party.