DOGE Leads Losers as Profit Taking Leads Sharp Selloffs in BTC, ETH, SOL, and XRP
Dogecoin Leads Losers Among Major Cryptocurrencies Amid Market Profit-Taking
Over the past 24 hours, long position liquidations have exceeded $450 million, while a single Bitcoin trade has resulted in losses of nearly $100 million.
Shaurya Malwa | Modified by Parikshit Mishra Updated July 15, 2025 5:38 AM Published July 15, 2025 5:31 AM
What is important to know:
- There have been significant liquidations in the cryptocurrency markets, with over $675 million wiped out in the last 24 hours, a significant drop since April.
- Bitcoin and Ethereum led the losses, with forced closures totaling $333 million and $113 million, respectively, while Dogecoin fell more than 7.6%.
- Despite the recent gains, traders remain cautious with high funding rates and memories of previous liquidations curbing their enthusiasm.
In this article
BTC $117,201.72◢ 3.68% 
DOJ $0.1924◢ 6.23%
Cryptocurrency markets saw a wave of profit-taking and risk-off trading on Monday evening, with traders liquidating more than $406 million in long positions in a single day.
Another $269 million in losses came from short positions, bringing the total liquidations to $675.8 million, one of the largest bankruptcies since April.
