Crypto Collapse: Over $1 Billion in Liquidations on Monday!

Crypto Collapse: Over $1 Billion in Liquidations on Monday!

On Monday, November 3, 2025, the crypto market experienced a massive pullback with over $1.20 billion in liquidations from 319,433 positions, as FXStreet reports. Liquidated long positions accounted for over USD 1.1 billion, while short liquidations accounted for USD 115.5 million. These numbers highlight the volatility and risks associated with trading in the cryptocurrency landscape.

The price of Bitcoin fell rapidly from USD 108,000 to USD 105,000 within an hour, while Ethereum slipped from USD 3,700 to USD 3,500. In the same hour, liquidations for both digital assets reached over $100 million. The largest liquidation order was recorded on crypto exchange HTX and was worth $33.9 million.

Insight into the liquidations

However, actual liquidation numbers could be even higher as aggregator data is often undervalued due to limited data feeds and API discrepancies. A notable trader by the name 0xc2a3 closed multiple positions in Bitcoin, Ethereum, and Solana (SOL) at a loss, with his net profit/loss falling from +$33 million to -$17.6 million on the decentralized perpetual exchange Hyperliquid.

Another well-known trader, Machi Big Brother, was completely liquidated, resulting in a total loss of over $15 million. Amid these eventual losses, a Bitcoin OG who successfully predicted the Oct. 10 crash opened long positions worth $37 million in BTC and an additional $18 million in ETH on Hyperliquid.

The October 10 decline had already resulted in nearly $20 billion in liquidations and remains a watershed date for the market. Again, on October 30, more than $1 billion in liquidated positions were also recorded, showing that market instability continues.

US investors and the market movements

Analysis suggests that US investors may have taken a leading role in this decline. The Coinbase Bitcoin Premium Index had values ​​around -30 during the decline and even briefly reached a low of -80 on Friday. Although the Bitcoin price managed to recover above USD 107,000, at the time of reporting it had fallen by 2.7% in the last 24 hours.

Bitcoin’s downward move also resulted in significant losses for several altcoins. Ethereum experienced a 6% decline, XRP fell by 7%, while BNB fell by 8% and Solana even fell by 10%. These developments highlight the far-reaching impact that Bitcoin, as the largest cryptocurrency, has on the overall market.

The events of the past few days cast a shadow over the stability of the crypto market and remind investors of the inherent risks associated with digital assets. The coming days will show whether the market can stabilize or whether further declines are imminent.