It took less than 12 hours for the market to punish over-leveraged Bitcoin traders again. Roughly $66 million in BTC positions were liquidated overnight, and a staggering 93% of that came from longs. The imbalance between long and short liquidations — 1,342% by CoinGlass liquidation heatmap — highlights how one-sided the bullish positioning had become right before the drop.
The pain began when Bitcoin fell below $101,000, triggering a cascade of margin calls that briefly pushed prices down to $99,200 before a modest recovery. The BTC/USDT chart now shows the coin hovering around $100,100, down about 0.2% for the session, yet still holding onto the symbolic six-figure mark.
Source: CoinGlass
This movement coincided with a cooling off in funding rates across major perpetual markets, suggesting that some traders began reducing their exposure while awaiting a decrease in volatility.
HOT Stories Coinbase on Crypto Crash: Reset, Not End Morning Crypto Report: XRP vs. Zcash Speculations Intensify Amid 1,296% Gap, Tether (USDT) Loads $100 Million in Bitcoin, $1 Trillion for Dogecoin Support to Elon MuskRipple CTO Names XRPL's Real StakeholdersCrypto Market Prediction: XRP Death Cross in One Week? Ethereum's (ETH) Last Hope Before $2,000, Cardano (ADA) Hits Extreme Oversold Levels
$713 million out
Market-wide, $713 million in liquidations erased a full day of speculative leverage. Ethereum accounted for $40.53 million, while smaller currencies such as AVAX and SOL saw $11.26 million and $6.92 million, respectively. The largest single order liquidated on Hyperliquid was a BTC/USD position worth $15.31 million, suggesting that even the largest traders were affected.
You Might Also Like
Fri, 11/07/2025 - 13:36 Bitcoin (BTC) Needs US Investors Right NowByArman Shirinyan
Most charts now show liquidity pockets clustering around $98,500 and $101,300 — a range that could determine whether Bitcoin stabilizes or experiences another wave of liquidations into the weekend.
For now, the leverage cycle has reset, but sentiment remains bruised; a single bad candle can erase billions of dollars in fictional gains built up over weeks.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
