🚨 CRYPTO MARKET CARNAGE: WHALES ARE GETTING WIPED OUT!
The latest wave of crypto sell-offs is triggering massive liquidations, and even big traders are struggling to withstand the market pressure.
On November 14, tracked whale positions worth around $188 million were liquidated across 89 of the 95 monitored markets that fell.
🔥 Key facts:
• 96% of tracked exposure to whale liquidations came from LONG positions.
• Bitcoin suffered the heaviest losses: one whale lost $13.1 million on a liquidated BTC long position.
• BTC and ETH faced significant selling pressure linked to leverage.
• According to another liquidation tracker, total crypto liquidations reached around $1.45 billion on November 14.
Why it matters: when leveraged whales are forced out of the market, cascading liquidations can amplify volatility and push prices lower.
But extreme liquidations can also flush excess leverage from the market and create conditions for a rebound.
Are we witnessing a major market purge, or is another wave of liquidations looming?
$INIT $EVAA
#cryptosellofftriggersmultiplewhaleliquidations
The latest wave of crypto sell-offs is triggering massive liquidations, and even big traders are struggling to withstand the market pressure.
On November 14, tracked whale positions worth around $188 million were liquidated across 89 of the 95 monitored markets that fell.
🔥 Key facts:
• 96% of tracked exposure to whale liquidations came from LONG positions.
• Bitcoin suffered the heaviest losses: one whale lost $13.1 million on a liquidated BTC long position.
• BTC and ETH faced significant selling pressure linked to leverage.
• According to another liquidation tracker, total crypto liquidations reached around $1.45 billion on November 14.
Why it matters: when leveraged whales are forced out of the market, cascading liquidations can amplify volatility and push prices lower.
But extreme liquidations can also flush excess leverage from the market and create conditions for a rebound.
Are we witnessing a major market purge, or is another wave of liquidations looming?
$INIT $EVAA
#cryptosellofftriggersmultiplewhaleliquidations
