Altcoins Hit Hard as Week Starts With $1.7 Billion in Crypto Liquidations

The crypto market kicked off the week with one of its sharpest downturns of 2025, erasing more than $151 billion in market value within a single ￰0￱ to data from CoinGlass, over $1.7 billion in leveraged positions were liquidated in just 24 hours, leaving more than 402,000 traders in the ￰1￱ Reading: FalconX Adds To Solana Stash: $28.39M In SOL Pulled From Binance Ethereum (ETH) bore the heaviest losses, with nearly $500 million in liquidations, while Bitcoin (BTC) saw about $284 million wiped ￰2￱ such as XRP, Solana, Dogecoin, and Hyperliquid (HYPE) tumbled between 7–12%, erasing recent gains and signaling an abrupt end to the latest altcoins ￰3￱ cascade began with BTC dipping below $113,000, triggering margin calls and automated ￰4￱ just 30 minutes, liquidations had surged past $1 billion, underscoring the fragility of highly leveraged trading ￰5￱ Dominance Rises as Altcoins’ Value Drops The sell-off also brought a sharp reversal in market ￰6￱ Altcoin Season Index, which peaked at 100 points just days ago, has now dropped to 64, suggesting traders are shifting back toward ￰7￱ dominance has climbed to 57%, while ETH dominance slipped to 13%.

Historically, altcoin seasons last only a few weeks before liquidity rotates back into ￰8￱ warn that the latest liquidation cascade may have ended this cycle earlier than ￰9￱ tokens, including ASTER, WLFI, and PUMP, which recently saw speculative surges, were among the hardest hit, with more than $263 million in altcoins longs liquidated. ETH's price trends lower on the daily chart.