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CRYPTO MARKET BLOODBATH: WHALES ARE GETTING WIPED OUT!
The latest crypto selloff is triggering massive liquidations, and even large traders are struggling to survive the market pressure.
On November 14, tracked whale positions worth approximately $188 million were liquidated across 89 of 95 monitored markets that declined.
🔥 Key developments:
• 96% of tracked whale liquidation exposure came from LONG positions.
• Bitcoin led the damage, with one whale losing $13.1 million on a liquidated BTC long.
• BTC and ETH faced significant leveraged selling pressure.
• Total crypto liquidations reached approximately $1.45 billion on November 14, according to another liquidation tracker.
Why this matters: When leveraged whales are forced out, cascading liquidations can accelerate volatility and push prices lower.
But extreme liquidation events can also flush excessive leverage from the market and create conditions for a recovery.Are we witnessing a major market shakeout, or is another wave of liquidations coming?
#CryptoSelloffTriggersMultipleWhaleLiquidations #bnb #BTC #xrp