Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
$3.7B in Crypto Longs Wiped Out This Week

$3.7B in Crypto Longs Wiped Out This Week

CoinomediaCoinomedia2025/11/24 03:21
By:Ava NakamuraAva Nakamura

Over $3.7 billion in long crypto positions were liquidated in just 7 days, shocking traders across the market.What Caused the Sell-Off?What This Means for Investors

  • Over $3.7 billion in long positions were liquidated this week.
  • Sharp price drops triggered mass liquidations across exchanges.
  • Market volatility continues to shake investor confidence.

In the past week, the crypto market witnessed a dramatic shake-up as more than $3.7 billion worth of long positions were liquidated. This mass liquidation event has left many traders stunned, especially those who were betting on prices to go up.

A long position in trading means a trader expects the price of an asset to rise. But when prices fall sharply and hit stop-loss or margin call levels, exchanges automatically liquidate these positions to prevent further losses — and that’s exactly what happened on a massive scale this week.

What Caused the Sell-Off?

The liquidation spree was mainly driven by sudden price drops across major cryptocurrencies like Bitcoin and Ethereum . Many analysts point to rising macroeconomic concerns, profit-taking by large holders, and market over-leverage as potential triggers.

Additionally, whale movements and sell-offs on major exchanges contributed to the panic. As crypto prices fell, cascading liquidations followed — each one pushing prices lower and triggering even more liquidations. This chain reaction led to billions being wiped out in days.

🚨 REKT: Over $3.7B in longs were liquidated in the past 7 days. pic.twitter.com/p5qUugnbCP

— Cointelegraph (@Cointelegraph) November 23, 2025

What This Means for Investors

This week’s liquidations are a stark reminder of how volatile and risky the crypto markets can be, especially when trading with leverage. Traders using high leverage are particularly vulnerable to sudden price swings. Experts advise managing risk carefully and avoiding excessive leverage in uncertain market conditions.

Despite the downturn, some market observers believe this could create buying opportunities, especially for long-term investors. But for now, the market remains cautious as traders await signs of stability.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Law Firms Take Action Against Corporations Amid Rising Investor Lawsuits

- U.S. law firms like Schall and Gross are leading class-action lawsuits against corporations for alleged investor misrepresentations across sectors. - Cases involve DexCom , MoonLake , Beyond Meat , and Stride , accusing them of concealing risks, overstating drug efficacy, and inflating enrollment figures. - Legal actions highlight SEC's intensified focus on biotech disclosures and edtech compliance, with deadlines set for investor claims by late 2025-2026. - These lawsuits emphasize corporate accountabil

Bitget-RWA2025/11/27 09:00

Solana News Update: Solana ETFs Attract $476M While Death Cross and $120 Support Level Approach

- Solana ETFs attract $476M in 19 days, driven by Bitwise's 0.20% fee BSOL ETF with $424M inflows. - Technical indicators show a death cross and $120-$123 support test, with RSI at oversold 33 amid stagnant price action. - Institutional confidence grows via Franklin Templeton's fee-waiver strategy, contrasting Bitcoin/Ethereum ETF outflows of $5.34B. - Whale accumulation and on-chain growth hint at long-term buying, but $140 resistance remains unbroken despite ETF inflows.

Bitget-RWA2025/11/27 09:00
Solana News Update: Solana ETFs Attract $476M While Death Cross and $120 Support Level Approach

XRP News Today: ADGM's Authorization of RLUSD Establishes International Standard for Institutional Stablecoin Compliance

- Ripple's RLUSD stablecoin gains FSRA approval for institutional use in Abu Dhabi's ADGM, effective November 27, 2025. - The $1.2B market-cap stablecoin features 1:1 USD reserves, third-party audits, and compliance with ADGM's transparency standards. - ADGM's approval aligns with its strategy to position Abu Dhabi as a global digital asset hub through regulated fiat-referenced tokens. - Ripple's Middle East expansion includes partnerships with UAE banks and regulatory licenses in Dubai, Bahrain, and Afric

Bitget-RWA2025/11/27 09:00
XRP News Today: ADGM's Authorization of RLUSD Establishes International Standard for Institutional Stablecoin Compliance