Bitcoin Dips as Whale Sales Trigger $414M in Liquidations

Bitget App

Trade smarter

Bitget

News

Coinomedia2025/11/03 14:27

By:Aurelien SageAurelien Sage

Crypto markets dip as whales sell $2B in BTC, leading to $414M in liquidations amid rising geopolitical risks.Liquidations Top $414M as Sentiment Turns FearfulMarket Cap Falls Amid Uncertainty

$2B in whale Bitcoin sales spark major market reaction
Over $414M in long positions liquidated across crypto
Fear returns to market sentiment with FGI dropping to 42

Over the weekend, the crypto market experienced a sharp correction, with Bitcoin and Ethereum both recording notable losses. Bitcoin dropped by 2.9% to $107,376, while Ethereum fell 4.8% to $3,709. The downturn came after on-chain data revealed that whales—large holders of Bitcoin—offloaded nearly $2 billion worth of BTC .

These massive sell-offs appear to have spooked the market, especially as they coincided with rising geopolitical tensions around the world. As a result, panic spread among traders, leading to a cascade of long position liquidations across major crypto exchanges.

Liquidations Top $414M as Sentiment Turns Fearful

The rapid price drop triggered approximately $414 million in long liquidations, wiping out bullish bets on Bitcoin and other cryptocurrencies. Total market liquidations reached $473 million, highlighting the extent of the volatility.

Investor sentiment has now turned noticeably bearish. The Fear and Greed Index (FGI), a popular gauge of market sentiment, fell from a neutral level down to 42, signaling growing fear among participants.

Amid rising geopolitical risks and roughly $2B in whale $BTC sales that were spotted on-chain, crypto fell over the weekend, triggering $414M in long liquidations. $BTC : $107,376 -2.9% $ETH : $3,709 -4.8%

FGI: 42 → Fear
Market Cap: $3.80T
Liquidations: $473M pic.twitter.com/5uXoAXWrqd

Market Cap Falls Amid Uncertainty

The total crypto market cap dropped to $3.80 trillion, reflecting a broad retreat from risk assets. Analysts suggest that such whale-driven moves often lead to heightened volatility, especially when paired with macroeconomic and geopolitical uncertainties.

Despite the sell-off, some market watchers remain cautiously optimistic, noting that past liquidations have often created opportunities for buyers to re-enter at lower price levels. Still, traders are advised to keep a close eye on whale activity and global developments in the coming days.

Read Also :

Animoca Brands Plans Nasdaq Listing via Reverse Merger
Pantera Fund Faces Losses Amid Poor Crypto Deals
Zerohash Earns MiCA License, Opening Doors to TradFi
Bitcoin Dips as Whale Sales Trigger $414M in Liquidations

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

The US government shutdown has entered its 36th day, leading to a decline in global financial markets. The shutdown has prevented funds from being released from the Treasury General Account (TGA), draining market liquidity and triggering a liquidity crisis. Interbank lending rates have soared, while default rates on commercial real estate and auto loans have risen, increasing systemic risk. The market is divided over future trends: pessimists believe the liquidity shock will persist, while optimists expect a liquidity release after the shutdown ends. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model is updated.

MarsBit•2025/11/06 05:03

Why does bitcoin only rise when the U.S. government reopens?

Jensen Huang predicts: China will surpass the United States in the AI race

Nvidia CEO Jensen Huang stated bluntly that, thanks to advantages in electricity prices and regulation, China will win the AI race. He added that overly cautious and conservative regulation in Western countries such as the UK and the US will "hold them back."

Jin10•2025/11/06 04:59

OpenAI CFO: AI doesn’t need to cool down, the enthusiasm is far from enough!

As Wall Street grows increasingly concerned about an AI bubble burst, OpenAI's CFO is instead calling for "more enthusiasm." She also stated that going public is currently not in the company's plans.

Jin10•2025/11/06 04:59