According to the source, Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) declined as crypto liquidations reached a record $19 billion, highlighting market-wide stress for leveraged traders, the source reports. The source adds that the record-scale liquidations coincided with broad downside across major tokens, indicating concentrated deleveraging pressure, the source reports.

According to @WatcherGuru, two weeks after Eric Trump said Q4 will be unbelievable for crypto, the market recorded the largest single-day liquidation event on record yesterday, based on a post dated Oct 11, 2025 (source: @WatcherGuru). No specific liquidation notional, asset breakdown, or exchange-level details were provided in the post, limiting further quantitative analysis for traders (source: @WatcherGuru).

According to @AltcoinGordon, a high-volatility session yesterday wiped out overleveraged crypto positions, with at least one account reportedly plunging from 15M USD to 4k USD, highlighting the danger of going all in on margin trades, source: https://twitter.com/AltcoinGordon/status/1976976819258900558 According to @AltcoinGordon, traders should prioritize spot holdings and, if using derivatives, allocate only small amounts to leverage to limit liquidation risk during extreme moves, source: https://twitter.com/AltcoinGordon/status/1976976819258900558 According to @AltcoinGordon, the session was historic for volatility, and the practical takeaway for traders is to reduce leverage, scale down position sizes, and maintain higher collateral buffers to withstand sudden price swings, source: https://twitter.com/AltcoinGordon/status/1976976819258900558

According to the source, Bitcoin’s Taker Buy/Sell Ratio on Bybit surged to 12.68 on Oct 10, 2025, indicating a sharp dominance of aggressive long-side market orders; source: social media update dated Oct 10, 2025. The Taker Buy/Sell Ratio measures the volume of market buy orders divided by market sell orders, so readings above 1 reflect buyers leading executed flow, making 12.68 an extreme imbalance; source: Glassnode Academy definition of taker buy and taker sell volume. Traders use this ratio to gauge order-flow momentum and potential crowding on the long side in derivatives markets, often pairing it with funding rate and open interest checks for risk management; source: Glassnode Academy overview of taker buy/sell ratios and common derivatives monitoring practices documented by exchange metric guides.

According to the source, derivatives selling pressure has eased similar to April, signaling renewed bullish momentum for Bitcoin, indicating a potential shift in market structure toward risk-on positioning for BTC (source: https://twitter.com/Cointelegraph/status/1976007387472388462). Traders often validate this signal by checking if perpetual funding turns less negative or positive and if open interest rises alongside a stable or improving spot-futures basis, which historically aligns with short covering and upside continuation in BTC (sources: https://www.binance.com/en/academy/education/what-are-funding-rates-and-how-do-they-work, https://www.cmegroup.com/education/courses/introduction-to-bitcoin/understanding-bitcoin-futures-basis.html). A concurrent decline in 25-delta BTC options put skew and stronger call demand typically reflects improving risk appetite and supports the bullish read-through (source: https://insights.deribit.com/education/options-skew-what-does-it-tell-us/). For execution, monitor liquidity depth and liquidation clusters to manage slippage and squeeze risk as derivatives flows flip, which can amplify directional moves in BTC (source: https://www.kaiko.com/research).

According to the source, 24-hour crypto derivatives liquidations totaled about $405 million, with $229.58 million from shorts and $176.10 million from longs. Source: the provided update. Based on the source data, shorts comprised roughly 56.7% of liquidations, implying a short-to-long liquidation ratio near 1.30 and a net short liquidation imbalance of about $53.48 million. Source: the provided update. This distribution indicates more forced exits on the short side during the measured window, a trading-relevant skew for managing intraday risk and order placement around liquidity pockets. Source: the provided update.

According to Altcoin Daily on X (Oct 5, 2025), approximately $80 million in crypto short positions were liquidated in the past hour. According to Altcoin Daily, the alert does not specify the exchanges, assets, or the underlying data provider for the liquidation figure. According to Altcoin Daily, the number refers broadly to crypto derivatives short liquidations within the stated one-hour window.

According to the source, more than 435 million dollars in crypto positions were liquidated over the past 24 hours, including approximately 320 million dollars from shorts and 115 million dollars from longs, indicating a market-wide deleveraging event (source: the source post on X dated Sep 29, 2025). The reported split shows shorts were liquidated about 2.8 times more than longs, signaling short-side stress concentrated across derivatives (source: the source post on X dated Sep 29, 2025). Based on this source-reported short-heavy skew, traders may anticipate short-squeeze dynamics, faster funding-rate flips, and resistance break attempts in major perpetuals such as BTC and ETH, and consider tighter risk controls given elevated volatility risk in near-term sessions (source: inference from the source-reported liquidation data on X dated Sep 29, 2025).

According to @MilkRoadDaily, USD 358 million in crypto positions were liquidated over the last 24 hours. @MilkRoadDaily adds that 73.5% of these liquidations were shorts. Based on @MilkRoadDaily figures, this implies roughly USD 263 million in short liquidations and about USD 95 million in long liquidations. @MilkRoadDaily also reports that more than one-third of liquidations came from ETH, highlighting a significant concentration of forced unwinds in ETH during the period.

According to the source, BTC needs an additional 1.26% upside to wipe out roughly $3B in short positions, indicating a dense liquidation cluster just above spot, per the source. A decisive break above that threshold could trigger cascading buybacks and a short-squeeze dynamic that elevates near-term volatility, based on the source’s metric. Traders should monitor liquidation heatmaps, funding shifts, and open interest as price approaches the 1.26% mark cited by the source.

According to the source, more than $1.12 billion in crypto positions were liquidated over the last 24 hours; source: the source. Traders can verify exchange- and symbol-level liquidation splits and long-versus-short ratios on independent analytics dashboards to assess directional pressure and market breadth; source: Coinglass, Laevitas. For BTC and ETH risk monitoring, review concurrent changes in funding rates and open interest to gauge residual leverage and potential follow-through after the flush; source: Coinglass, Deribit.

According to @WatcherGuru, approximately $500,000,000 in crypto long positions were liquidated over the last 60 minutes (source: @WatcherGuru). Forced liquidations occur when leveraged positions fall below maintenance margin and are closed into market orders, which can amplify downside volatility and price impact in derivatives markets (source: Binance Academy). Funding rates and open interest are key metrics used to gauge leverage conditions and post-liquidation resets in perpetual futures trading (source: Binance Academy).

According to @EmberCN on X citing HyperBot data, a tracked trader has re-entered a BTC short at 112,776 per BTC for 684 BTC, putting the notional near 77.14 million USD. According to @EmberCN citing HyperBot, the reported liquidation price is 113,922, which is approximately 1.02% above the entry based on the posted figures. According to @EmberCN, the same trader previously realized a loss of 35.84 million USD on ETH longs and 7.5 million USD on BTC shorts, partially offset by a 0.42 million USD gain on ASTER longs. According to @EmberCN’s reported position size, each 100 USD move in BTC equates to roughly 68,400 USD in PnL and each 1% move is about 0.77 million USD in PnL. According to @EmberCN, the disclosure was posted on Sep 22, 2025 and the post was sponsored by Bitget.

According to @rovercrc, ETH open interest is heating up, indicating a rapid build-up in Ethereum derivatives positioning that traders should monitor intraday for volatility risk. Source: Crypto Rover on X, Sep 13, 2025. Rising open interest reflects more outstanding ETH futures and perpetual contracts, which often aligns with higher leverage and larger price swings in crypto markets. Source: CME Group Education, Open Interest. When open interest expands quickly, tracking ETH perpetual funding rates helps gauge long-short imbalance and squeeze risk. Source: Binance Futures Funding Rate Guide. Elevated open interest raises the chance of liquidation cascades near clustered stops, so tightening risk parameters and moderating leverage becomes prudent. Source: Binance Futures Risk Management Guide. Before initiating or hedging positions, cross-check ETH basis, funding turning positive or negative, and options skew to validate trend strength. Source: Deribit Insights on futures basis and options skew.

According to @glassnode, BTC is range-bound between 110k and 116k as profit-taking and fading ETF inflows cap momentum, with derivatives exerting outsized influence and futures/options providing balance (source: @glassnode). They identify 114k as the key level to reclaim for upside while a drop toward 108k raises risk of deeper stress, framing near-term trade management around these levels per the latest Week On-Chain (source: @glassnode).

According to @52kskew, BTC may face one more downside liquidation before moving higher after roughly 2,000 BTC in long positions aggressively chased price, indicating near-term stop-run risk on longs before potential upside continuation, source: @52kskew on X, Sep 11, 2025. The view implies traders should anticipate a final liquidity sweep against recent long entries before positioning for continuation higher in BTC derivatives, source: @52kskew on X, Sep 11, 2025.

According to @EmberCN, a large trader closed a $50 million ETH short one hour ago after opening at $4,278 yesterday and covering at $4,328 this morning, realizing a $580,000 loss. Source: @EmberCN According to @EmberCN, the trader kept a $150 million BTC short unchanged and shifted margin from the ETH position to the BTC short, setting its current liquidation price at $115,046. Source: @EmberCN

According to @glassnode, Cost Basis Distribution data shows a clear divergence in spot flows: BTC spot activity is dense while ETH is sparse with air gaps (source: Glassnode on X, Sep 2, 2025). According to @glassnode, this implies ETH price dynamics are more influenced by off-chain markets such as derivatives than by spot flows (source: Glassnode on X, Sep 2, 2025). According to @glassnode, traders tracking ETH should therefore emphasize derivatives metrics like funding, open interest, and basis to gauge price drivers, whereas BTC appears more spot-driven given its dense CBD profile (source: Glassnode on X, Sep 2, 2025).

According to @rovercrc, roughly $2 billion in BTC short positions are concentrated for liquidation around the $115,000 level, positioning that could act as a catalyst if price tests that zone; Source: https://twitter.com/rovercrc/status/1962146354706391093. According to @rovercrc, the post frames $115K as a key liquidity target with the message 'LIQUIDATE THE BEARS,' signaling a bullish squeeze narrative that traders may track as a potential trigger level; Source: https://twitter.com/rovercrc/status/1962146354706391093.

According to @ai_9684xtpa, Coinglass data shows WLFI open interest has risen to $825 million, with Binance accounting for over 50% of OI and long accounts slightly outnumbering shorts (Coinglass). Based on a Binance contract price of $0.3858, @ai_9684xtpa estimates WLFI’s fully diluted valuation at $38.58 billion (Binance; @ai_9684xtpa). The author also states this FDV equals 1.62 times LINK’s FDV (reported by @ai_9684xtpa).