{"id":56415,"date":"2025-11-03T16:31:52","date_gmt":"2025-11-03T16:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56415"},"modified":"2025-11-03T16:31:52","modified_gmt":"2025-11-03T16:31:52","slug":"crypto-carnage-continues-btc-eth-xrp-plunge-further-as-liquidations-top-1-1b","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56415","title":{"rendered":"Crypto Carnage Continues: BTC, ETH, XRP Plunge Further as Liquidations Top $1.1B"},"content":{"rendered":"
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Bitcoin\u2019s nosedive that started earlier this morning continued in the past hour or so as the asset plunged to a two-week low of just over $105,000.<\/p>\n

The altcoins were obliterated once again, with BNB slumping below $1,000, ETH dropping by over 6%, and SOL plunging by over 8% daily.<\/p>\n

\"BTCUSD.<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

CryptoPotato reported<\/a> <\/em>the first wave of BTC declines that transpired earlier today when the cryptocurrency was rejected at $111,000 and slumped by roughly four grand to $107,000. It managed to stabilize there at first and even tapped $108,000 before the bears initiated another leg down an hour ago, pushing the asset south to $105,300 (on Bitstamp).<\/p>\n

This multi-week low harmed over-leveraged traders, as the total longs liquidated for BTC alone are worth over $300 million on a daily scale.<\/p>\n

Even whales with impeccable records up to this point were wrecked. Lookonchain reported<\/a> that Machi Big Brother has been fully liquidated, marking a total loss of over $15 million. Another trader \u2013 0xc2a3 \u2013 that had a 100% win streak until today has \u201csurrendered,\u201d closing BTC, ETH, and SOL longs at a loss. Their total P&L went from over $33 million to -$17.6 million.<\/p>\n

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The 100% win streak is over \u2014 trader 0xc2a3 has surrendered.<\/p>\n

He closed all his $BTC<\/a> longs and part of his $ETH<\/a> and $SOL<\/a> longs at a loss.<\/p>\n

His total P&L has flipped from +$33M to \u2013$17.6M.https:\/\/t.co\/2I4Jrb3MUA<\/a> pic.twitter.com\/3bSIXFG9JV<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) November 3, 2025<\/a><\/p>\n<\/blockquote>\n