Crypto liquidations cross $2B as Bitcoin falls $11k in three days
Crypto markets declined sharply: Bitcoin down $5,000 today and $11,000 over three days, marking one of the steepest drawdowns in months.
Liquidations
Selling pressure accelerated: total crypto liquidations crossed $2 billion in the last 24 hours. Levered liquidations exceeded $900 million in the last four hours.
Market Cap
Since October 6: approximately $800 billion in crypto market cap erased. Since the record high in October 2025: total crypto market cap down by more than half.
Price Levels
After an attempted rally into the end of Q3: Bitcoin returned to its lows of the year.
Outlook
Markets lack a new catalyst.
Authors credited by the source: thekobeissiletter
Published by Holder based on an external source.
