Massive $1.7 Billion Crypto Liquidation Storm Pushes BTC Below $112K, ETH Under $4,000

Cryptocurrency markets experienced severe turbulence on September 24-25, 2025, with over $1.7 billion in leveraged positions liquidated. Bitcoin declined to test $111,998 support while Ethereum suffered a steeper 9% drop below $4,000. Data from Bitget shows more than 407,000 traders were affected in this market correction.