Bitcoin, Ethereum, and Solana Lead $102 Billion Crypto Market Loss

The crypto market just saw one of its sharpest drops in months — over $102 billion in market value erased within five hours. Bitcoin slid more than 2%, Ethereum fell 3.6%, and Solana dropped nearly 5%. Analysts link the sell-off to major whale transfers, including Binance moving millions in BTC, ETH, and SOL to Wintermute right before the decline.

With liquidation spikes and panic selling accelerating, traders are now watching whether this signals a short-term correction or the start of a deeper downturn.