Bitcoin Price Falls Below $110K Amid $900M Liquidations
Bitcoin price fell under $110,500 on Monday after a whale sale of 24,000 BTC and thin market liquidity. The Bitcoin price crash triggered over $900 million in crypto futures liquidations. According to CoinGlass data, Ethereum led with about $320 million liquidated, while Bitcoin accounted for $210 million. Long positions made up 90% of the crypto liquidations. Altcoins including Solana, Dogecoin and XRP dropped between 6% and 10%. Renewed doubts over near-term interest rate cuts and concentrated selling intensified volatility. Traders should monitor liquidation trackers, on-chain flows and macro events to manage risk.
Bearish
The news is bearish because a large 24,000 BTC whale sale amid thin liquidity caused a sharp pullback, echoing past sell-offs in May 2021 and early 2024 when concentrated BTC sales triggered widespread liquidations and volatility. Over $900 million in long positions were wiped out, indicating heavy short-term downside pressure. In the short term, traders may face choppy markets and further stops as liquidation cascades. Longer-term, the event underscores persistent volatility and the importance of monitoring large on-chain transfers, futures open interest and macro signals like rate-cut expectations to manage risk effectively.