Crypto Carnage Continues: BTC, ETH, XRP Plunge Further as Liquidations Top $1.1B

Bitcoin’s 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. The altcoins were obliterated once again, with BNB slumping below $1,000, ETH dropping by over 6%, and SOL plunging by over 8% daily. BTCUSD.). This multi-week low harmed over-leveraged traders, as the total longs liquidated for BTC alone are worth over $300 million on a daily ￰1￱ whales with impeccable records up to this point were ￰2￱ reported that Machi Big Brother has been fully liquidated, marking a total loss of over $15 ￰3￱ trader – 0xc2a3 – that had a 100% win streak until today has “surrendered,” closing BTC, ETH, and SOL longs at a ￰4￱ total P&L went from over $33 million to -$17.6 ￰5￱ 100% win streak is over — trader 0xc2a3 has ￰6￱ closed all his $BTC longs and part of his $ETH and $SOL longs at a ￰7￱ total P&L has flipped from +$33M to –$17.6M. ￰0￱ ￰8￱ — Lookonchain (@lookonchain) November 3, 2025 Most altcoins have suffered even more in the past 24 hours, led by double-digit declines by ASTER (-20%), WLFI (-12%), APT (-12%), PEPE (-11.3%), WLD (-11%), ARB (-11%), and several ￰9￱ the larger caps were not ￰10￱ slipped below $3,600 earlier today, BNB trades below $1,000 as of press time, XRP has lost the $2.40 support, while SOL has dumped below $170 after an 8% ￰11￱ total value of wrecked positions has skyrocketed to more than $1.1 billion, according to CoinGlass ￰12￱ total, more than 300,000 traders have been liquidated, with the single-largest position taking place on HTX, which was worth almost $34 ￰13￱ Data on CoinGlass