{"id":15115,"date":"2025-11-04T08:00:11","date_gmt":"2025-11-04T08:00:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-market-liquidations-top-1-3b-as-btc-slips-below-105k\/"},"modified":"2025-11-04T08:00:22","modified_gmt":"2025-11-04T08:00:22","slug":"crypto-market-liquidations-top-1-3b-as-btc-slips-below-105k","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-market-liquidations-top-1-3b-as-btc-slips-below-105k\/","title":{"rendered":"Crypto market liquidations top $1.3B as BTC slips below $105K"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin price plunged from $110,000 to under $105K since Monday, triggering one of the biggest liquidation cascades in the crypto market in recent weeks as over $1 billion in leveraged crypto positions were wiped out.<\/p>\n<div id=\"cn-block-summary-block_2bd05ffd16ce69399b5696d4eb0ba3d7\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Crypto market faced over $1 billion in liquidations in the past 24 hours.<\/li>\n<li>Long liquidations accounted for 90% of the total.<\/li>\n<li>Bitcoin and major altcoins remain pressured due to macro uncertainty.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"nofollow\">data<\/a> from CoinGlass, the crypto market saw a massive $1.37 billion in liquidations over the past 24 hours, most of it unfolding within the first 12 hours. Long positions took the brunt of the damage, accounting for nearly 90% of the total, with more than $1.23 billion in bullish bets wiped out as prices slipped from their weekend highs. Short traders accounted for just $143 million of the total.<\/p>\n<h1 class=\"wp-block-heading\">Bitcoin, Ethereum lead 24-hour liquidations<\/h1>\n<p>Bitcoin accounted for $396.98 million in total liquidations, with $377.21 million coming from long positions. Ethereum followed with $368 million in liquidations, of which $322.98 million were longs.<\/p>\n<p>Over 300,000 traders were liquidated in the past 24 hours. The largest single liquidation event was recorded on crypto exchange HTX, where a $47.87 million BTC-USDT long position was closed out. Over\u00a0<\/p>\n<p>Crypto traders using leverage were forced to close their positions due to insufficient margin as the market moved against them.<\/p>\n<p>Meanwhile, the preferred market sentiment gauge, the Crypto Fear and Greed <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\" target=\"_blank\" rel=\"nofollow\">Index<\/a>, a metric, slumped to 21 today into the \u201cExtreme Fear\u201d territory.<\/p>\n<p>At the time of writing, Bitcoin (BTC) had extended daily losses and hit intra-day lows around $104,5000, though it remained down 2.5% over the past 24 hours, with its market cap hovering around $2.13 trillion. Ethereum (ETH) slipped 5.2% to $3,528, while XRP (XRP) shed 5.4% to trade at $2.29. Solana (SOL) extended its losing streak, plunging 9.2% to $159.82, ranking it among the worst performers in the top 10 when writing.<\/p>\n<p>Together, these dips pushed the total crypto market cap down by 2.5% to\u202f$3.59\u202ftrillion, marking its lowest level since July\u202f11.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The sharp market pullback followed Bitcoin\u2019s failed attempt to push past $111,000. The move was made worse by shallow order books across major perpetuals, which amplified volatility during low-liquidity trading hours as a wave of cascading liquidations swept through the market.<\/p>\n<p>Analysts pointed to a stronger U.S. dollar and fading expectations of another Federal Reserve rate cut this year as key catalysts. The shift came after a series of cautious remarks from Fed officials, hinting that policymakers may take a slower approach to monetary easing than markets had anticipated.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin price crash is a \u201chealthy reset\u201d<\/h2>\n<p>Crypto market sentiment was also hurt after Bitcoin broke from its so-called \u201cUptober\u201d streak after ending October with a 3.7% loss, its worst performance for the month since 2018, a reversal that caught many traders off guard. Yet some analysts are downplaying the current correction.<\/p>\n<p>\u201cBitcoin\u2019s first red October in seven years has certainly caught attention, but I see it more as a healthy reset than a structural reversal. After a strong run through most of 2025, markets needed to digest gains, and we\u2019re now seeing that play out.\u201d Rachel Lin, CEO of SynFutures, told crypto.news.<\/p>\n<p>Markets are now pricing in a data-heavy week in the U.S., with key reports on job openings, private payrolls, and inflation expectations on deck. Stronger labor numbers could put a lid on rate-cut hopes, while any signs of weakness might rekindle optimism for Fed easing.<\/p>\n<p>\u201cFor November, I expect a period of stabilization and cautious optimism. Bitcoin may trade sideways early in the month as markets absorb Fed commentary, but a decisive shift in tone \u2014 either from softer inflation prints or a clearer easing message \u2014 could trigger a recovery. Ethereum should track a similar pattern, with additional tailwinds from network upgrades and growing institutional use of DeFi protocols,\u201d Lin added.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price plunged from $110,000 to under $105K since Monday, triggering one of the biggest liquidation cascades in the crypto market in recent weeks as over $1 billion in leveraged&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15115"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15115\/revisions"}],"predecessor-version":[{"id":15116,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15115\/revisions\/15116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13422"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}