Crypto’s $1B Liquidation Nightmare: Traders Scream as Markets Collapse!

The crypto market, that labyrinth of greed and despair, once again bore the weight of a billion-dollar liquidation, casting a shadow over the souls of 190,000 traders. Billion-dollar liquidation events have become a regular trend in late 2025, a cruel joke played on the desperate. 💸💸💸

The rise in frequent, massive liquidations reflects a significant shift in market dynamics, raising concerns about whether volatility and leveraged trading losses are permanent features of the crypto space. A new era of eternal torment, perhaps? 🧠

The Blood of the Market: $1.03 Billion Drenched in Liquidation

According to the latest data from Coinglass, $1.03 billion in positions were liquidated over the past day. More than 70

The largest single liquidation came from a BTC-USD position worth $96.51 million on decentralized perpetual exchange Hyperliquid. A mountain of 96.51 million, crushed by the weight of the market’s cruelty. 💸

This wave of liquidations occurred amid a 3.7

Ethereum also briefly lost the $3,000 level. At the time of writing, it traded at $3,050, down 4.4

ETH, the fallen king, falls below $3,000 for the first time since the dark days of July 2025. Now, it stands at the precipice of a 40

Major altcoins such as XRP, BNB, and Solana also registered daily losses in the 3-4

The Siren Call of Leverage: A Trap Set by the Market’s Own Hand

Notably, the latest liquidation spree is one in a growing series. Over the last week, cumulative liquidations surpassed $5 billion. But why? A question as old as time itself. 🕰️

The Kobeissi Letter highlighted that, over the past 42 days, the cryptocurrency sector has lost a total of $1.2 trillion in market capitalization, representing 28

Market cap now sits around 24

“This decline has been strange for one key reason: There haven’t been many material bearish developments on the fundamental side of crypto. Just days ago, President Trump said America being ‘number one in crypto’ is his top priority,” The Kobeissi Letter added. A promise as hollow as the void in the market. 🚫

Feels like the BIG liquidation event really broke something in the market.

Price action hasn’t been the same since then.

– Crypto Rover (@cryptorover) November 18, 2025

This pattern points to a structurally fragile market. Institutional outflows intensified from mid-to-late October. Against this backdrop of thinning liquidity, traders continue to pile into 20x-100x leveraged positions, where a 2

Once liquidations start, they tend to trigger a feedback loop: forced selling pushes prices lower, new margin calls are hit, more positions are liquidated, and liquidity evaporates. A dance of doom, each step more tragic than the last. 🕯️

This dynamic explains why $500 million-plus liquidation days have effectively become standard, and why $1 billion wipeouts now cluster within short time frames rather than appearing as rare stress events. According to The Kobeissi Letter,

“Excessive levels of leverage have resulted in a seemingly hypersensitive market.” A fragile soul, trembling at the slightest touch. 🧠

With leverage still elevated and spot liquidity under pressure, the crypto market could likely see further high-magnitude liquidation events. Unless leverage resets or institutional participation stabilizes, traders may continue to face outsized intraday swings. A prison of perpetual uncertainty, with no escape. 🧩

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2025-11-18 16:08