Crypto News: $648 Million in Short Sellers Got Wiped as Pepeto Quietly Crosses $11 million

Crypto News: $648 Million in Short Sellers Got Wiped as Pepeto Quietly Crosses $11 million thumbnail

The crypto news this week starts with a number most traders did not expect. The market forced $648 million in short sellers to close on September 22 per CoinGlass data cited by KuCoin. BTC shot past $87,000 the same day before settling near $83,000 by midweek. When short sellers get wiped on that scale, history says the floor just moved higher. The big coins own those headlines, but the crypto news that matters most for new entries points to something smaller. Pepeto is a presale with a live staking pool, a cross chain bridge, and over $11 million in buyer capital.

What Happened When $751 Million Got Forced Out of the Market?

Total forced selling hit $751 million on September 22 per CoinGlass data cited in the KuCoin market report. Short sellers took $648 million of that hit as BTC ripped from $82,000 to $85,000 in hours. One report from September 22 named three events that could carry into this week. BTC closed above the 50 week moving average for the first time in 45 weeks. That technical shift means the weekly trend just changed. When that much money gets forced out in one day, the price rarely falls back to where those shorts were placed.

Which Coins Deserve a Second Look After This Week’s Shakeout?

Why Is Pepeto Showing Up in This Week’s Crypto News?

Behind that $648 million wipeout, a quieter signal got missed. Pepeto kept raising money while the rest of the market shook.More than $11 million sits in this presale now. Three tools are live, not planned. That is what sets it apart from every other presale open today.Holding tokens during a presale usually means sitting and hoping. Pepeto solved that. The staking pool pays 162% APY from the reward pool, not from fees. Rewards unlock at listing. Every day adds more to the same entry. A buyer who stakes today grows the position while waiting for the listing to open.

The cross chain bridge sends tokens between five chains (Ethereum, BNB, Solana, Base, Arbitrum) for $0 and finishes in under a minute. Tokens lock on one chain and mint on the next after the proof clears on chain.

The current price is $0.0000001897. SolidProof audited every contract and completed the team KYC check. The code and the team behind it have both passed a third party review. A Binance listing is on the way as each stage sells through. Each exchange after that brings new demand against 420 trillion tokens, a supply that never grows. Pepeto is the name showing up in crypto news searches for traders who want to be in before the listing opens, not after.

What Does the Short Squeeze Mean for Bitcoin?

BTC sits near $83,000 per CoinDesk data on September 28. The short squeeze on September 22 sent BTC past $87,000 before it pulled back. The coin opened 2026 near $87,500, dropped to the high $50,000s, and now sits 4% below that start. The 50 week moving average was reclaimed for the first time in 45 weeks per KuCoin. That is a shift. But BTC is still working back to even, not making new highs.

Is Solana Keeping Pace With the Rally?

SOL trades near $118 per CoinDesk on September 28. It is up 25% from its August low near $96. CoinDCX projects a September close near $119 with a range from $110 to $122. The $120 zone has turned the price back twice this month. SOL runs fast when it breaks through, but two failed tests at that ceiling means the gains from here still depend on the next attempt.

Conclusion

The forced selling this week was the biggest crypto news event of the month. BTC and SOL both point higher. But in every cycle, the biggest returns go to positions taken before the crowd shows up. Early holders of coins that listed and ran all say the same thing. They were nervous. They almost did not buy. And they wish they put in more. More than $11 million flowing into Pepeto during a fearful month is that exact same signal. Three live tools and a SolidProof audit with team KYC sit behind it. The presale is live right now at the Pepeto official website and the people entering now are not the ones who will be wishing later.

Click To Visit Pepeto Website To Enter The Presale

FAQs

What crypto news is driving presale attention this week?

The $648 million short wipeout on September 22 pushed BTC past $87,000 and reset the market floor. Pepeto’s presale with live tools and $11 million raised is where the search for earlier entries lands.

Why are traders following crypto news into Pepeto this week?

Large caps offer modest gains from levels the news already moved. Pepeto gives presale entry before the listing, with staking rewards already running. The full presale is at the Pepeto official website.

Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.

All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.