#Liquidations
🚨 CRYPTO MARKET IN TURMOIL AGAIN: Over $1 Billion in Liquidations in 24 Hours!
The week has started off deeply "in the red" for the market. A massive wave of liquidations has pushed total trader losses past $1 billion, with over 155,000 positions wiped out in the last 24 hours. Long positions bore the brunt of the impact, accounting for more than $930 million.
📉 Key Market Movements:
➡️ Bitcoin (#BTC ): Dropped to a new multi-month low of $73,500, before staging a slight recovery back above $74,500.
➡️ Ethereum (#ETH ): Hit even harder—prices fell below $2,100, nearing the psychological $2,000 level for the first time since August.
➡️ Altcoins: XRP slipped to $1.09 (dipping as low as $1.06), while assets such as PI, $RAY , $ASTER , $STX , and LIT saw losses of 6% or more.
💥 Key Figures of the Day:
➡️ ETH leads in liquidations: Liquidated Ethereum long positions reached a staggering $455 million—surpassing even those of Bitcoin.
➡️ Record-breaking loss: The largest single liquidation of the day involved an ETH/USDT position on Binance, totaling nearly $50 million.
November is certainly living up to its reputation as an exceptionally volatile month, driven by recent news and geopolitical tensions.
🚨 CRYPTO MARKET IN TURMOIL AGAIN: Over $1 Billion in Liquidations in 24 Hours!
The week has started off deeply "in the red" for the market. A massive wave of liquidations has pushed total trader losses past $1 billion, with over 155,000 positions wiped out in the last 24 hours. Long positions bore the brunt of the impact, accounting for more than $930 million.
📉 Key Market Movements:
➡️ Bitcoin (#BTC ): Dropped to a new multi-month low of $73,500, before staging a slight recovery back above $74,500.
➡️ Ethereum (#ETH ): Hit even harder—prices fell below $2,100, nearing the psychological $2,000 level for the first time since August.
➡️ Altcoins: XRP slipped to $1.09 (dipping as low as $1.06), while assets such as PI, $RAY , $ASTER , $STX , and LIT saw losses of 6% or more.
💥 Key Figures of the Day:
➡️ ETH leads in liquidations: Liquidated Ethereum long positions reached a staggering $455 million—surpassing even those of Bitcoin.
➡️ Record-breaking loss: The largest single liquidation of the day involved an ETH/USDT position on Binance, totaling nearly $50 million.
November is certainly living up to its reputation as an exceptionally volatile month, driven by recent news and geopolitical tensions.
