ericturnr
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I did not expect to wake up and see NFTs leading mindshare
It’s incredibly bullish that we’re at the part of the cycle where people are arguing about if coinbase says their coins name enough
Some of our biggest deals ever in the @MessariCrypto pipeline right now
Accelerate 🚀
Accelerate 🚀
Some of our biggest deals ever in the @MessariCrypto pipeline right now
Accelerate 🚀
Accelerate 🚀
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MarketPullback
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#MarketPullback
💥 $300M Longs Wiped Out in 1 Hour
🚨The crypto market took a heavy hit on Sunday (Aug 24, 2025) when over $300M worth of long positions were liquidated within an hour. Bitcoin (BTC) plunged suddenly to around $110,600, its six-week low, while Ethereum (ETH) was pushed back just before reaching $5,000 and tumbled back around $4,500–$4,700. Almost 90% of the liquidations were longs, and more than 130,000 traders got cleaned out in a day. The largest single loss was over $12M on OKX. 📉💥
🔻The cause of this crash was a whale unloading almost 24,000 BTC (more than $300M) amidst weekend low liquidity. That massive sell-off initiated a long squeeze, or forced liquidations, whereby traders who were long and hoped for increasing prices were pushed out. Overall, the market witnessed $550M+ in 24-hour liquidations (approximately $238M worth of BTC and $216M worth of ETH), erasing gains from the previous Powell-led rally ⚠️💸.
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