The recent political scenario has dealt a massive blow to the crypto economy, with liquidation data on Coinglass revealing that 214,270 traders were liquidated for a total of $1.02 billion.
One of them was a whale who found his $201 million long position liquidated.
This loss was triggered by a broader crash in the Bitcoin price following the Israeli airstrikes on Iran. Bitcoin is currently trading just above the $104K level, spurred by bulls coming in to take action.
This dip has created an opportunity for those who believe that Bitcoin could climb to new highs. Furthermore, it also gives hope to presale investors who are looking for the best crypto to buy now that could rule the charts upon listing.
Market is in Panic, But Not all are Selling
The loss of $1 billion due to long liquidation has gotten mixed reactions from crypto enthusiasts. Some have stated that “greed will get punished faster than paper hands fold.” Others have said that people should exercise caution when the market is volatile.
A $201M whale liquidation on $BTC longs? Greed gets punished faster than paper hands fold. Remember: Bitcoin’s code doesn’t care about your leverage – it’ll shake out overconfidence while grinding higher. Market cleanses itself… for now.
— SAG3.ai (@SAG3_ai) June 13, 2025
Furthermore, the Bitcoin liquidation has trickled into altcoins as well. The Ethereum price has also slipped below its $2.7K level and is currently trading around the $2.5K mark. The $2.37K mark currently acts as Ethereum’s critical support, and failure to sustain it could drive the ETH price down around the $2.1K mark.
The long recent red has broken below the ascending channel, which means it is critical for ETH to maintain its current level or it could drop to new lows in the coming days.
However, not all are panicking following the recent pullback. Lookonchain recently showed evidence of a whale who has bought over 48K ETH in the last 24 hours from Coinbase and Wintermute.
While the crowd panic-sells $ETH, this whale – who's already made ~$30M profit on $ETH – is buying $ETH crazily.
Over the past 8 hours, he's bought 48,825 $ETH($127M) from Coinbase and Wintermute at an average price of $2,605.https://t.co/7eUZQPGfROhttps://t.co/SHASXyPST1 pic.twitter.com/r7VZMz12tV
— Lookonchain (@lookonchain) June 13, 2025
This shows that times are tough—especially since Israel has reportedly wiped out top Iranian personnel and targeted nuclear sites during its Operation Rising Lion—yet there is still hope for the crypto market to bounce back.
Which is the Best Crypto to Buy Now?
2025 has been a year of multiple world-changing events unfolding, with the term “WW3” being thrown around too much. This has led to panic in the market. While some have decided to remain patient, the FUD has definitely stalled the growth of top cryptos. Therefore, the best crypto to buy now may not be among the high-cap picks like Bitcoin and Ethereum, but instead among presale cryptos with high potential.
BTC Bull
The first pick that investors should consider investing in as their best crypto to buy now is BTC Bull. While it does not have a whole lot of use cases, it does create a sense of wonder with its social movement while focusing on rallying more people behind Bitcoin.
The project, as shown by its whitepaper, is one that would follow Bitcoin’s growing path to grow in value. And as the BTC price crosses the $125K threshold, it will start to unlock mechanics such as token burns and Bitcoin airdrops to provide value.
The fact that these mechanics are set to launch in tandem with Bitcoin’s growth is what makes it interesting. The memetic appeal is high for this token, making it clear that it is seeking short-term gains.
However, considering the current ecosystem where the BTC price has slipped below its previous highs, BTC Bull may exist for a long time if BTC takes its time to reach the level at which BTC Bull can unlock its mechanics.
This concept, although simple, has managed to help BTC Bull raise upwards of $7 million to date.
SUBBD
Since the BTC price action has made it clear that riding the speculative wave may not generate a lot of profit, SUBBD offers an alternative thanks to its unique utility.
Designed as an AI agent ecosystem, SUBBD is following in the footsteps of OnlyFans, but within a decentralized plane. The project uses artificial intelligence tools to manage custom requests and help content creators take care of the mundane tasks automatically.
The AI agent ecosystem is also coming up with an AI influencer tool, which will let users create their own influencers featuring unique quirks and personalities.
AI-driven content generation is also available, in which the models featured on the platform can create content featuring unique scenarios. This way, the idea is to create a new form of relationship between fans and creators.
YouTubers like 99Bitcoins have marked SUBBD as a 100x potential token because of its unique positioning and the traction it has already gotten. While it has only raised close to $700K to date, it has still managed to engross cryptocurrency investors thanks to its ever-expanding community.
Bitcoin Hyper
Bitcoin Hyper presents a use case in which Bitcoin doesn’t have to remain as a “store of value” only. It has done so by providing the world’s first L2 solution for Bitcoin, thanks to the Solana Virtual Machine.
This way, the idea is to let the Bitcoin network become bigger, more scalable, and efficient so that decentralized applications and other use cases could emerge from the network, which has not been done so far.
Although Bitcoin Hyper is presented as a meme coin, with a Pepe wearing a superhero outfit, the use cases that it has provided have been thought through. The whitepaper has gone into proper terminologies and how the system would work. While more details about it are yet to arrive, they could do so anytime soon.
