Bitcoin price crash hit markets on Monday after a 24,000-BTC whale sale and rising macro uncertainty, pushing BTC below $110,500 and triggering more than $900 million in crypto futures liquidations across assets like Ethereum, Solana, Dogecoin and XRP.
Major takeaway: Whale sale and thin liquidity sparked a market-wide sell-off.
Over $900 million in futures positions were liquidated in the last 24 hours, led by Ethereum and Bitcoin.
Short-term pressure: BTC fell below $110,500; ETH plunged ~8% after a weekend record high.
Bitcoin price crash pushes BTC under $110,500; $900M+ liquidations hit crypto markets—read now for key moves and how traders reacted.
What is causing the Bitcoin price crash?
Bitcoin price crash accelerated after a large whale sale of roughly 24,000 BTC (~$2.7 billion) and thin market liquidity, which combined with renewed doubts over near-term interest rate cuts to push BTC below $110,500. The abrupt supply shock amplified sell pressure across major altcoins.
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Crypto futures liquidations exceeded $900 million in 24 hours, per CoinGlass data (plain text). Ethereum led liquidations (~$320M), Bitcoin accounted for roughly $210M, and long positions made up about $817M of the total. Dogecoin, Solana and XRP also saw double-digit and high-single-digit drops.
Bitcoin dropped below $110,000 on Monday afternoon, trading around $110,441 at one point and down about 2.2% on the day. BTC is down more than 5% on the week as focused selling coincided with weekend highs in several altcoins.
Ethereum fell about 8% to roughly $4,375 after reaching a record above $4,900 just days earlier. Rapid profit-taking, concentrated futures exposure and cascading liquidations forced sharp retracements in Solana (down ~8.5% to $186), Dogecoin (down >10% to $0.208) and XRP (down ~6% to $2.85).
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Source: https://en.coinotag.com/bitcoin-falls-under-110000-as-900m-in-crypto-liquidations-raise-risk-of-broader-market-pullback/