
{"id":110011,"date":"2025-11-03T16:31:43","date_gmt":"2025-11-03T16:31:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110011"},"modified":"2025-11-03T16:31:43","modified_gmt":"2025-11-03T16:31:43","slug":"crypto-carnage-continues-btc-eth-xrp-plunge-further-as-liquidations-top-1-1b","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110011","title":{"rendered":"Crypto Carnage Continues: BTC, ETH, XRP Plunge Further as Liquidations Top $1.1B"},"content":{"rendered":"<p>Bitcoin\u2019s nosedive that started earlier this morning continued in the past hour or so as the asset plunged to a two-week low of just over $105,000.<\/p>\n<p>The altcoins were obliterated once again, with BNB slumping below $1,000, ETH dropping by over 6%, and SOL plunging by over 8% daily.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/BTCUSD-4.png\"><\/a>BTCUSD. Source: TradingView<\/p>\n<p>CryptoPotato <em><a href=\"https:\/\/cryptopotato.com\/bitcoin-price-dumps-to-107k-after-trumps-latest-remarks-on-tariffs-wars\/\">reported<\/a> <\/em>the first wave of BTC declines that transpired earlier today when the cryptocurrency was rejected at $111,000 and slumped by roughly four grand to $107,000. It managed to stabilize there at first and even tapped $108,000 before the bears initiated another leg down an hour ago, pushing the asset south to $105,300 (on Bitstamp).<\/p>\n<p>This multi-week low harmed over-leveraged traders, as the total longs liquidated for BTC alone are worth over $300 million on a daily scale.<\/p>\n<p>Even whales with impeccable records up to this point were wrecked. Lookonchain <a href=\"https:\/\/x.com\/lookonchain\/status\/1985377011171488127\">reported<\/a> that Machi Big Brother has been fully liquidated, marking a total loss of over $15 million. Another trader \u2013 0xc2a3 \u2013 that had a 100% win streak until today has \u201csurrendered,\u201d closing BTC, ETH, and SOL longs at a loss. Their total P&amp;L went from over $33 million to -$17.6 million.<\/p>\n<p>The 100% win streak is over \u2014 trader 0xc2a3 has surrendered.<\/p>\n<p>He closed all his <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> longs and part of his <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SOL<\/a> longs at a loss.<\/p>\n<p>His total P&amp;L has flipped from +$33M to \u2013$17.6M.<a href=\"https:\/\/t.co\/2I4Jrb3MUA\">https:\/\/t.co\/2I4Jrb3MUA<\/a> <a href=\"https:\/\/t.co\/3bSIXFG9JV\">pic.twitter.com\/3bSIXFG9JV<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1985375045976551465?ref_src=twsrc%5Etfw\">November 3, 2025<\/a><\/p>\n\n<p>Most altcoins have suffered even more in the past 24 hours, led by double-digit declines by ASTER (-20%), WLFI (-12%), APT (-12%), PEPE (-11.3%), WLD (-11%), ARB (-11%), and several others.<\/p>\n<p>Even the larger caps were not spared. Ethereum slipped below $3,600 earlier today, BNB trades below $1,000 as of press time, XRP has lost the $2.40 support, while SOL has dumped below $170 after an 8% drop.<\/p>\n<p>The total value of wrecked positions has skyrocketed to more than $1.1 billion, according to CoinGlass data. In total, more than 300,000 traders have been liquidated, with the single-largest position taking place on HTX, which was worth almost $34 million.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-03-182928.png\"><\/a>Liquidation Data on CoinGlass<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/crypto-carnage-continues-btc-eth-xrp-plunge-further-as-liquidations-top-1-1b\/\">Crypto Carnage Continues: BTC, ETH, XRP Plunge Further as Liquidations Top $1.1B<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s nosedive that started earlier this morning continued in the past hour or so as the asset plunged to a two-week low of just over $105,000. The altcoins were obliterated once again, with BNB slumping below $1,000, ETH dropping by over 6%, and SOL plunging by over 8% daily. BTCUSD. Source: TradingView CryptoPotato reported the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":110012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110011"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110011"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110012"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}