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Crypto Longs Get Rekt in $1.7B Flush 🩸📉🎢
Crypto news and key statistics summarized in 90 seconds every weekday on @NiftyNoonNFT⬇️:
Nifty Thought:
The crypto market started the week with a major downturn, as roughly $1.7 billion in leveraged positions were liquidated over the past 24 hours. This cascade, one of the largest liquidation events of the year, impacted over 400,000 traders. The vast majority of positions wiped out were longs, totaling about $1.62 billion after Bitcoin's price dipped below $113,000. While BTC saw a relatively modest drop to the $112,000 range, Ethereum and other altcoins felt an even greater impact, with ETH dropping over 6% and other major tokens like Solana and Dogecoin tumbling between 7–12%.
While the sudden drop has shifted market sentiment toward fear, many analysts see this event as a healthy, albeit painful, market reset. The flushing out of overleveraged traders could establish more stable support levels for future price action. Despite the volatility, institutional demand appears to remain strong, with crypto funds and ETFs reporting continued inflows last week. The market is now watching key support levels, particularly around $112,000 for Bitcoin, to gauge whether this shakeout will pave the way for the next leg up in the current cycle.
Highlighted News:
💥 BTC saw over $100M in long liquidations as price dropped below $115k, triggering clustered liquidation levels:
🥇 Gold reaches new all-time high of $3,725:
📜 Senate Dems say they want to work with their Republican colleagues to ‘move forward quickly’ on bipartisan crypto market structure legislation:
❎ Introducing mXRP, the first certificate offering exposure to yield-generating XRP strategies:
🟣 Today Helius $HSDT announced its first acquisition of Solana tokens:
💳 Introducing Plasma One - the one app for your money:
Project and Community News:
- The market just saw its largest daily liquidations since summer 2023 for ETH and SOL, and since June for BTC:
- US lawmakers ask SEC to implement President Trump's executive order opening the $12.5 trillion 401k retirement market to crypto:
- Tether(@Tether_to) minted another 1B $USDT just now:
- Metaplanet Acquires Additional 5,419 $BTC, Total Holdings Reach 25,555 BTC:
- @VitalikButerin claims ‘Base is doing things the right way: an L2 on top of Ethereum, that uses its centralized features to provide stronger UX features, while still being tied into Ethereum's decentralized base layer for security’:
- @defidevcorp announce the forthcoming launch of DFDV Korea, the 1st $SOL Digital Asset Treasury (DAT) in Korea:
- Vivek Ramaswamy's Strive to acquire Bitcoin company Semler Scientific in an all-stock transaction:
- $ASTER surpasses Hyperliquid $HYPE in 24 hour dex volume for 3 days in a row:
- By community request, you can now long or short $HYPE with up to 300x leverage on Aster:
- Aster Genesis Stage 2 will end at 23:59 UTC, Oct 5
- @krakenfx partnering with @Legiondotcc to launch Kraken Launch, a new platform for exclusive token sales:
- Unauthorized minting of UXLINK tokens today by a malicious actor identified:
- Drift will list $FORD (NASDAQ: FORD) — the first ever Solana DAT equity to be tokenized on Solana:
- $FORD will be coming to Kamino Lend as a collateral asset:
- The "buy high, sell low" whale 0x3c9E panic-sold 1,000 $ETH($4.19M) again hours ago:
- Rainbow's proposed consideration and treatment of $CLANKER token holders as part of a broader proposal to acquire Clanker:
- Hivemind will lead a $550M strategy with @agriforcegs(AGRI), the first NASDAQ-listed company dedicated to maximizing ownership of $AVAX, the native token of the @avax Network:
- Tea Token Sale on CoinList starts Sep 25:
- Plush Pepe #1709 purchased for 31500 TON ($94,185):
- @Bullish's $BLSH ($10.1B mkt cap) first post-IPO investment is into USDAI after raising $1.15B in stablecoins:
Quick Stats:
👾 Blur ETH Daily Volume: 667.58 ETH (▲ 31.73%)
🌊 OpenSea ETH Daily Volume: 2446.22 ETH (▲ 91.65%)
🟠 BTC : $112,930.19 (▲ 0.32%)
🔷 ETH: $4,194.85 (▲ 0.39%)
🟣 Solana: $219.99 (▼ 0.99%)
🟪 Polygon: $0.23 (▼ 0.13%)
Top NFT Sales:
CryptoPunk #8109: 47.00 ETH
CryptoPunk #8237: 46.25 ETH
CryptoPunk #1613: 44.00 ETH
NFT Daily Winners:
🍭 Mocaverse: 0.59 ETH (▲ 5.18%)
🏴☠ Captainz: 0.30 ETH (▲ 1.75%)
NFT Daily Losers:
🐵 NodeMonkes: 0.03 BTC (▼ 0.03%)
🦧 Bored Ape Yacht Club: 9.49 ETH (▼ 0.63%)
⛩ Azuki: 1.46 ETH (▼ 0.68%)
🏳🌈 Chromie Squiggles: 4.25 ETH (▼ 0.70%)
🐧 Pudgy Penguins: 10.29 ETH (▼ 0.87%)
🐱 Quantum Cats: 0.02 BTC (▼ 3.71%)
🧦 Bitcoin Puppets: 0.02 BTC (▼ 4.08%)
👩🏻 Milady Maker: 1.68 ETH (▼ 4.46%)
🚬 CryptoPunks: 46.57 ETH (▼ 4.75%)
😡 Mad Lads: 31.22 SOL (▼ 5.16%)
👾 Tensorians: 1.47 SOL (▼ 5.35%)
🧙♂️ Taproot Wizards: 0.17 BTC (▼ 5.41%)
💼 Ordinal Maxi Biz: 0.02 BTC (▼ 5.52%)
Notes:
If you find quick daily crypto updates helpful, please feel free to follow for more informative content:
@NiftyNoonNFT
The content on this account is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

About Tokenbot (CLANKER)
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Top 5 Use Cases for Tokenbot CLANKER: What’s Driving Its Popularity?
Tokenbot Adoption: A New Era in Token Issuance The rise of Tokenbot adoption has sparked interest across the blockchain community, with CLANKER at the forefront of this transformative trend. As an aut
Apr 24, 2025|OKX
Tokenbot FAQ
What is cryptocurrency?
Cryptocurrencies, such as CLANKER, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as CLANKER have been created as well.
Can I buy CLANKER on OKX?
No, currently CLANKER is unavailable on OKX. To stay updated on when CLANKER becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of CLANKER fluctuate?
The price of CLANKER fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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