likuidasi

$366 million in positions wiped out in 24 hours — and 84% of them were longs betting on prices rising.

Facts: CoinGlass data (Nov. 3) recorded $365.9 million in liquidations over 24 hours, affecting 93,206 traders. Long positions accounted for $306.7 million (83.8%), compared with $59.2 million in shorts. BTC is around $76,800 today, down nearly 2% in 24 hours, while ETH is around $2,250.

My take: This isn’t a market collapsing in a day; it’s leverage piling up in the wrong direction. As prices slowly slid from $78,000 to below $77,000, long positions opened on the rebound were swept away one by one — and those forced closures deepened the decline. It’s the same pattern as the $154 million in liquidations on Oct. 26: the people hit hardest are always those most certain the price has bottomed out.

What I’m watching: whether longs start piling up again ahead of tonight’s U.S. election results and the JOLTS data at 22:00 WIB, and whether BTC holds above $76,200 — a level analysts have identified as the nearest support.

What do you think: do liquidations this large cleanse the market, or are they a sign that speculators still haven’t learned their lesson?

This is my analysis, not financial advice — always DYOR.

#Likuidasi #Leverage $BTC $ETH

Long XPL positions worth $24.5 million were wiped out in one hour — and the one left holding the bag was a community-owned vault.

The facts: XPL plunged nearly 20% on Nov. 1, falling from around $0.0864 to $0.0694 before recovering to about $0.0727 (TokenPost, KuCoin, Nov. 1). In one hour, $24.49 million in positions were liquidated — $24.31 million of them longs, compared with just $180,500 in shorts. The fallout: Hyperliquid’s HLP vault, which executed the liquidations, also took a loss of around $556,000 after absorbing 160.39 million XPL (PANews, TokenPost, Nov. 1). Behind this, 16 wallets had accumulated long XPL positions worth around $23 million since Oct. 29, and 12 of them had withdrawn about $2.02 million in USDC margin before the price fell.

My take: this is a classic lesson in leverage piling up on one side — when the price wobbles, cascading forced liquidations deepen the fall, and even the liquidation infrastructure itself takes a hit. The wallet pattern is worth noting, but it’s not enough to accuse anyone of anything: what’s certain is that the risk is real.

What I’m watching: whether XPL holds above $0.069–$0.073 (currently around $0.074), and whether long positions start piling up again on Hyperliquid.

What do you think — is this simply overleveraging, or is there something bigger behind that buildup of long positions?

This is my analysis, not financial advice — always DYOR.

#Likuidasi #Hyperliquid $XPL

The second liquidation wave after the hack turned out to be much smaller — but longs still took the biggest hit.

Key figures:
• Around $400 million in positions liquidated over 24 hours (CoinGlass via CoinCentral Oct 31 & CryptoTimes Oct 31): 91–93 thousand traders, around 73–77% of them long
• BTC led: around $142 million, followed by ETH at around $31–33 million
• For comparison: last Friday saw $1.57 billion and around 242 thousand traders — so forced selling today was only about a quarter as intense

My take: this isn’t a sign that the market is recovering — BTC is still around $77,300, below $80,000, and sentiment is still fearful. But it is a sign that forced liquidations are slowing: fewer positions remain, and the speculators still in the market are more cautious. One dataset isn’t enough to say the bottom is in — easing liquidations without fresh buying flows just means there are fewer forced sellers, not that buyers are coming in.

What I’m watching next: Binance withdrawals reopening (target: Sunday), ETF flows on Monday, Nov 2, and whether the $76,280–$76,340 low holds.

Do you think these slowing liquidations are the start of stabilization, or just a pause before the next wave?

This is my analysis, not financial advice — always DYOR.

#Likuidasi #Leverage $BTC $ETH

Shorts betting that BTC would fail to hold above $80,000 were the ones hit hardest in the past 24 hours.

The facts: total liquidations over 24 hours were around $149 million (CoinGlass data via ChainCatcher, Oct. 28) — $99.93 million in shorts versus $48.61 million in longs. ETH led: $30.02 million in shorts vs. $6.59 million in longs; BTC saw $25.78 million in shorts vs. $8.32 million in longs.

My take: this is the opposite of Oct. 26, when $118 million in longs were wiped out. Now it’s the shorts’ turn to get squeezed as BTC moves back above $80,000 (around $80,946 this morning) and ETH sits around $2,358. This isn’t euphoria — it’s forced closure of wrongly positioned trades, and ETH is feeling the squeeze most.

What I’m watching: whether BTC can stay above $80,000 until the Fed decision on Oct. 29 at 01:00 WIB. If it fails to hold, this story could flip into the next long liquidation sweep.

What do you think: does this short squeeze clear the way upward, or is it a trap before the Fed?

This is my analysis, not financial advice — always DYOR.

#Likuidasi #ShortSqueeze $BTC $ETH

$118 million in long positions were wiped out in 24 hours — and the biggest hit was ETH, not BTC.

Fact: CoinGlass data (Oct 26) recorded total 24-hour liquidations of $154.23 million: long $117.99 million versus short $36.23 million, affecting more than 62,000 traders. ETH led with $43.17 million, followed by BTC with $32.94 million. The largest single liquidation: one ETH long position of around $7 million.

My opinion: This isn’t about the market collapsing — BTC only dipped slightly and is still around $80,580. It’s about positions being too concentrated in one direction: once the price wobbles a little, forced liquidations cascade and deepen the drop. ETH leading liquidations suggests ETH speculators were the most aggressive in using leverage.

What I’m watching: whether long positions pile up again before the Fed decision on Oct 29, and whether BTC holds above $80,000.

What do you think — does liquidation on this scale cleanse the market, or is it a sign speculators still haven’t learned?

This is my analysis, not financial advice — always DYOR.

#Likuidasi #Leverage $BTC $ETH