đ Geopolitics Trigger PanicâAltcoins Suffer First
A sudden 5% market-wide crashâdriven by heightened Middle East tensions after Israeli airstrikes on Iranâsent digital assets spiraling. Here's the breakdown:
⥠Solana (SOL): -9% in Flash Losses
SOL plunged 9%, trading around $144.47, as over $52M in long positions got liquidated ainvest.com+2cryptotimes.io+2cryptotimes.io+2.
$46M of those were bulls who bet on a rallyâwiped out in minutes.
Liquidation cascaded amid $5.7B in daily volume, signaling sharp exit pressure cryptotimes.io.
đ¶ Dogecoin (DOGE): Meme-Coins Take a Hit
DOGE slumped 9.2% to $0.1733, with $26M wiped out, mostly from leveraged longs cryptotimes.io+1coinmarketcap.com+1.
Trading volume surged to $1.87Bâcapitulation in full swing .
đ” Sui (SUI): Small-Cap Bloodbath
SUI dived nearly 11%, hitting ~$3.00, with $13.4M liquidatedâ$12.6M from long bets cryptotimes.io+1bitget.com+1.
High trading volume and thin liquidity intensified the downturn .
đȘ Litecoin (LTC): Classic Coin in Crisis
LTC dropped 7% to $83.48, triggering $4.13M in liquidations, nearly all on longs coinmarketcap.com+8cryptotimes.io+8cryptotimes.io+8.
With volume increasing over 14%, LTC followed the broader altcoin decline cointelegraph.com+2cryptotimes.io+2ainvest.com+2.
đ Pi Network (PI): Underdog Feels the Pain
PI crashed 13.8% to $0.5455, with volume jumping 250% to $213M, indicating frenzied sell-offs cryptotimes.io.
Its thinner market saw panic-driven liquidation dominate trades cryptotimes.io+3cryptotimes.io+3ainvest.com+3.
đ„ What Triggered the Crash?
Geopolitical shock: Israelâs airstrikes on Iran sparked a risk-off wave across assets .
Leveraged liquidations: Over $1.15B wiped out, with altcoins worst hit cryptotimes.io.
Flight to safety: Bitcoin dipped under $104K, while oil, gold, and fiat surged 99bitcoins.com+9cryptotimes.io+9cryptotimes.io+9.
đ Key Takeaways
Altcoins lead losses in flash market crashesâSOL, SUI, DOGE, LTC, PI all dropped heavily.
Leveraged positions fueled a cascade of forced liquidations.
Macro drivers (like geopolitical risk) often hit speculative assets the hardest.
đ What Comes Next?
Will tensions ease? A cooldown in Mideast conflict could spark a rebound.
Support zones matter:
SOL near $140â145
DOGE around $0.17
SUI at ~$3.00
LTC near $83
PI at ~$0.55
Long-term holders may find value as panic-driven sellers exitâwatch for stabilization before entering.
đ§ Final Word
This wasnât a technical correctionâit was a geopolitical flash crash. Altcoins got hit first and hardest. As markets settle, recovery is possibleâbut not guaranteed. Keep your eyes on global headlines and liquidation dataâthose will signal cryptoâs bottom.