On 17 November, a sharp bout of volatility in the crypto derivatives market triggered more than $70 million in combined Bitcoin and Ethereum liquidations, underscoring how quickly leverage can unwind in a risk‑on environment.

A massive crypto whale is on the brink of a $190 million Bitcoin liquidation as BTC price surges to within just $357 (0.34%) of the position’s wipeout level at $104,017. According to Arkham Intelligence, the short was placed on Hyperliquid and is now threatened by today’s bullish momentum, with Bitcoin trading around $103,660 after rallying 2.34% from sub-$99,000 lows.

Bitcoin price prediction turned mixed after Galaxy Digital cut its 2025 BTC target to $120,000 from $185,000, citing leveraged liquidations, whale distribution of over 400,000 BTC, and tighter market liquidity. Despite the downgrade, Galaxy’s research head Alex Thorn framed this as part of Bitcoin’s “maturity era,” noting the broader bull market remains intact while BTC holds above the key psychological $100,000 level.

Bonk (BONK), the Solana-based meme coin, plunged through key support after a sharp sell-off, triggering a cascade of liquidations and pushing price into a high-volume demand region where seller exhaustion often emerges. Technicals cited in similar coverage point to deeply oversold momentum on lower timeframes, with RSI nearing exhaustion levels and price probing a critical psychological support band.

Decentralized exchange dYdX published a post-mortem on an Oct. 10 outage that halted the dYdX Chain for roughly eight hours during the largest crypto liquidation event in history. The team attributed the halt to a misordered code process and prolonged validator delays restarting oracle sidecar services, which led to stale oracle data and incorrect trade/liquidation prices once operations resumed.

Solana has overtaken Ethereum in daily decentralized exchange (DEX) trading volume, signaling a notable liquidity rotation in DeFi. Data shows Solana posted $5.84 billion in 24-hour DEX volume versus Ethereum’s $5.75 billion, with nearly $137 billion processed over the last 30 days. This jump underscores Solana’s rising market share in on-chain trading as its high-throughput infrastructure attracts high-frequency traders and automated market makers.

The Bank of England (BoE) plans to exempt crypto exchanges and other operationally critical firms from proposed stablecoin holding limits, a move that could channel significant liquidity into Bitcoin (BTC) and Ethereum (ETH). By granting waivers for market-making and settlement operations—and allowing stablecoins for settlement in the Digital Securities Sandbox—the BoE addresses industry concerns that previous caps were unworkable.

September’s crypto market rout wiped roughly $300 billion from total market capitalization, falling from about $4.2 trillion to $3.9 trillion as leverage cascades triggered forced liquidations across exchanges. Over $7.3 billion in positions were liquidated between Sept. 18–28, with a peak single-day wipeout of roughly $3.6 billion on Sept. 21 as thin weekend liquidity amplified selling pressure. Bitcoin slid from the $118,000 area to near $109,000, while Ethereum broke below

Lately, there has been a lot of buzz in the news about Bitcoin’s liquid supply. This buzz is actually quite positive because it suggests...