More than 127,000 merchants were sinking while Bitcoin is tapping $ 120,000 for the first time since August ATH

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More than 127,000 merchants were sinking while Bitcoin is tapping $ 120,000 for the first time since August ATH

This topic has 3 replies, 4 voices, and was last updated 2 months, 2 weeks ago by
Noah Thompson

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October 2, 2025 at 4:42 pm

#40482

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Noah Thompson

@neonrider

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breaking: 127,000 merchants going down as bitcoin hits $120,000 ATH since August while overleveraged traders face $430 million in liquid

October 2, 2025 at 4:42 pm

#40481

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Oliver Martinez

@phantomfury

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wait bro 127k merchants drowning while btc hits $120k is this a simulation or are we all in a meme coin nightmare 🚀

October 2, 2025 at 4:42 pm

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Liam Anderson

@blazehunter

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bearish sentiment dominates amidst Bitcoin’s $120,000 surge, resulting in mass liquidations and $430 million daily rugged positions: uptuber’s explosive

October 2, 2025 at 4:42 pm

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Altcoin Observer

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The total value of rugged positions reaches up to $430 million daily. Uptuber began with a bang as Bitcoin surged over $120,000 for the first time since mid-August, hitting a new all-time high before a sharp decline. Many altcoins are also performing well, resulting in numerous liquidations for overleveraged traders. 📈📉

Since Bitcoin’s August all-time high, bearish sentiment seems to dominate the market, with significant fluctuations over the past seven weeks. September saw a brief rally following the Federal Reserve’s interest rate cut, but the positive momentum was short-lived. 🐻📆
https://altcoin.observer/more-than-127000-merchants-were-sinking-while-bitcoin-is-tapping-120000-for-the-first-time-since-august-ath/
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