$500M Liquidations Rock Ethereum and Bitcoin: Is the Crash Fueling Whale Accumulation?

Summary: The crypto market faced a brutal correction on Monday, with nearly $500 million in liquidations rattling traders across Bitcoin (BTC) and Ethereum (ETH). Related Reading: New Solana Consensus Model ‘Alpenglow’ Enters Community Vote According to CoinGlass data, over 115,000 traders were liquidated as Bitcoin slipped to $115,000 and Ethereum plunged toward the $4,200 danger zone.
By James Halver on 2025-08-19 01:00. Aggregated by Coinblockers.