A steep decline in Bitcoin caused a wave of liquidations valued at more than $300 billion in crypto markets around the world. Leveraged traders recorded extensive losses as Bitcoin dropped to less than $106,000 forcing numerous long positions to be closed.

This rekindled market panic and volatility in exchanges. However, in the storm, traders have begun to pay attention to new altcoins like Sui and MAGACOIN FINANCE, which are already resilient and attract attention again and have a 50x ROI.

Bitcoin’s Slide Triggers Massive Liquidations Across Exchanges

According to CoinGlass data, almost 79% of all liquidations were long positions. Over 307,000 trading accounts were forced to be closed because leverage positions were wiped out by the rapid fall of Bitcoin. The highest single liquidation was recorded at $20.4 million on Hyperliquid, one of the fastest-growing decentralized derivatives exchanges.

Source: CoinGlass

Bitcoin had about $344 million in losses, Ether $201 million and Solana $97 million. In large exchanges, Hyperliquid was the most active, clearing $391 million, followed by Bybit, Binance with $300 million and $259 million, respectively. Analysts noted that such numbers show the extent to which centralized and decentralized trading venues are tied to each other.

Liquidation heatmaps showed that there were high clusters of $109,000 to $105,000. Should Bitcoin fall beneath $104,582, analysts cautioned that closures may worsen. Traders are also monitoring key support areas as sentiment is weak.

Sui Gains Technical Attention Despite Market Weakness

While Bitcoin faced pressure, interest in Sui increased among traders using Fibonacci projections to identify recovery levels. The token is trading around $2.70 following a 19% fall in a week. Technical analysis indicated that resistance is at the price level of $3, which was previously a strong support price.

Analysts believe that as long as Sui would stabilize above short-term moving averages, the next bullish targets of Sui would be $7.7 and $11.2. These estimates match other Fibonacci extensions that would imply the possibility of further longer-term growth. The potential rallies are attributed to the general increases in the Bitcoin stability, which is a trend tracked by market watchers.

Source: X

Sui also attracted attention by its ecosystem expansion. The introduction of new tokens and network alliances indicated that development was active. Nonetheless, the traders are hesitant because unlocking schedules with tokens have the potential to add to the supply. Nonetheless, some investors consider Sui to be among the most favorable crypto to purchase in case the sector starts recovering.

MAGACOIN FINANCE Emerges as a Rising Altcoin in 2025

As broader crypto markets reeled from volatility, MAGACOIN FINANCE attracted growing attention from both retail and early-stage investors. The Ethereum-based project recently completed a strong presale, raising more than $16 million. Its token structure features a deflationary model that reduces supply over time, appealing to long-term holders.

The project’s community growth and transparent token metrics have boosted its visibility. Analysts view MAGACOIN FINANCE as a potential outperformer due to its smaller market cap and expanding ecosystem. Many investors describe it as one of the best crypto to buy during the ongoing market correction.

Market projections suggest MAGACOIN FINANCE could achieve over 50x returns if momentum continues. If you put $100, you might see your holdings skyrocket to $5000 once listing is achieved. Its combination of active user engagement and transparent operations positioned it among promising new projects for 2025. The token’s appeal lies in its early-stage entry opportunity and alignment with growing decentralized finance activity.

Conclusion

The latest liquidation wave shows how sensitive leveraged crypto positions remain to sudden price swings. As Bitcoin stabilizes, traders are diversifying toward projects with organic growth and active ecosystems. Sui and MAGACOIN FINANCE have surfaced as early leaders in this rotation trend with over 50x potential.

If sentiment improves, these tokens could benefit from renewed capital inflows. With investors searching for the best crypto to buy, focus has shifted toward innovative, community-driven networks. While risks remain high, ongoing adoption efforts suggest that resilience and utility may define the next phase of crypto recovery.

To learn more about MAGACOIN FINANCE, visit:

Website: https://magacoinfinance.com 

Twitter/X: https://x.com/magacoinfinance 

Telegram: https://t.me/magacoinfinance

This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.

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Filed under: News - @ October 18, 2025 3:30 am