According to @WatcherGuru, approximately $200,000,000 in crypto long positions were liquidated over the last 60 minutes, indicating a rapid deleveraging wave across the derivatives market (source: @WatcherGuru on X, Nov 17, 2025). This size and speed of liquidations are trading-relevant for intraday participants monitoring BTC and ETH perpetuals, where such events often coincide with sharp price moves and liquidity dislocations (source: @WatcherGuru on X, Nov 17, 2025).