{"id":114941,"date":"2025-11-22T04:00:52","date_gmt":"2025-11-22T04:00:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=114941"},"modified":"2025-11-22T04:00:52","modified_gmt":"2025-11-22T04:00:52","slug":"2-billion-gone-in-minutes-bitcoin-slide-shakes-crypto-world","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=114941","title":{"rendered":"$2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World"},"content":{"rendered":"

According to exchange and on-chain data, global crypto markets plunged Friday as prices slid and forced a widespread sell-off. Bitcoin fell<\/a> under $83,000, while Ethereum traded below $2,800. The breakdown sent roughly $2 billion of positions into liquidation, knocking confidence and prompting quick losses across major tokens.<\/p>\n

Heavy Liquidations Rock Traders<\/h2>\n

Reports show more than 390,000 accounts were wiped out<\/a> during the move. One single BTCUSD order on Hyperliquid stood out at $37 million, a sign of how fierce the selling became. Bitcoin bore the brunt: about $962 million of BTC positions were erased within 24 hours, with long bets making up nearly $931 million of that total. These figures underline how concentrated the damage was among those betting on higher prices.<\/p>\n

Long Positions Versus Shorts<\/h2>\n

Long liquidations across the market approached $1.78 billion, while short liquidations were much smaller at close to $130 million. A rapid shift followed a strong US jobs report, which removed odds of a December rate cut and triggered roughly $450 million in liquidations in just two hours. That macro surprise appears to have fed directly into traders\u2019 risk management systems.<\/p>\n

Options Expiry Raises Stakes<\/p>\n

Derivatives activity added pressure as more than $4.2 billion of crypto options were due to expire that day. Over 39,000 BTC options, valued near $3.4 billion, were on the docket. The longer-term put-call ratio sat at 0.52, but heavy recent put buying pushed the 24-hour ratio up to 1.36, signaling a burst of hedging.<\/p>\n

The so-called max pain level for Bitcoin was around $98,000, well above where spot trades were happening. Ether options also featured prominently, with more than 185,000 contracts worth close to $525 million set to lapse. ETH\u2019s 24-hour put-call moved to 1.01 from 0.72, and the options market\u2019s max pain rested near $3,200, above spot prices near $2,800.<\/p>\n

Altcoins Felt The Impact<\/p>\n

The rout spread fast<\/a>. Solana dropped 11% to about $126, while XRP slid more than 8% to roughly $1.91. Other tokens that fell in the wave included ASTER, HYPE, TNSR, DOGE, and ZEC. Selling was broad, showing that the move was not limited to one market or sector.<\/p>\n

#PeckShieldAlert<\/a> Following $ETH<\/a>\u2018s drop below $2,900, a whale (0x3ee3\u202642a6) was liquidated on their long $wstETH<\/a> position.<\/p>\n

The position, which involved borrowing $USDC<\/a> against $wstETH<\/a> collateral, saw a total liquidation of $6.52M. pic.twitter.com\/mv30VuXFfn<\/a><\/p>\n

\u2014 PeckShieldAlert (@PeckShieldAlert) November 21, 2025<\/a><\/p>\n\n

Whale Losses Highlight Risk<\/p>\n

On-chain monitors flagged big losses among sizable holders. PeckShieldAlert reported individual ETH liquidations in the range of almost $3 million to $6.50 million.<\/p>\n

This Anti-CZ Whale just got liquidated in the market crash!<\/p>\n

He was once a legend with nearly $100M in profit \u2014 now his profits have dropped to $30.4M.https:\/\/t.co\/UR55h4gK7l<\/a> pic.twitter.com\/5Tnp9UVEae<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) November 21, 2025<\/a><\/p>\n\n

Lookonchain tracked a high-profile account, Machi, whose total paper losses topped $20 million and whose balance was reported at just $15,530 after the hits. Another large account, labeled the \u201cAnti-CZ Whale,\u201d also saw profits plunge on Hyperliquid.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

According to exchange and on-chain data, global crypto markets plunged Friday as prices slid and forced a widespread sell-off. Bitcoin fell under $83,000, while Ethereum traded below $2,800. The breakdown sent roughly $2 billion of positions into liquidation, knocking confidence and prompting quick losses across major tokens. Heavy Liquidations Rock Traders Reports show more than […]<\/p>\n","protected":false},"author":0,"featured_media":114942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-114941","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\/114941"}],"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=114941"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/114942"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}