On November 21, 2025, the price of bitcoin dropped to $85,000. During the day, the value of the asset dropped by 7%, while the trading volume increased by almost 20%, according to CoinMarketCap at the time of writing. This drop in the crypto market led to liquidations worth $947 million. In total, 251,552 traders suffered […] Сообщение Liquidations Amounted to $947M per Day as Bitcoin Plunged below $85,000 появились сначала на INCRYPTED.On November 21, 2025, the price of bitcoin dropped to $85,000. During the day, the value of the asset dropped by 7%, while the trading volume increased by almost 20%, according to CoinMarketCap at the time of writing. This drop in the crypto market led to liquidations worth $947 million. In total, 251,552 traders suffered […] Сообщение Liquidations Amounted to $947M per Day as Bitcoin Plunged below $85,000 появились сначала на INCRYPTED.
Liquidations Amounted to $947M per Day as Bitcoin Plunged below $85,000
- On November 21, the price of bitcoin dropped below $85,000.
- Against this backdrop, the volume of liquidations on the crypto market totaled $947 million in 24 hours.
- Most of the liquidations were experienced by traders with long positions.
On November 21, 2025, the price of bitcoin dropped to $85,000. During the day, the value of the asset dropped by 7%, while the trading volume increased by almost 20%, according to CoinMarketCap at the time of writing. This drop in the crypto market led to liquidations worth $947 million.
The volume of liquidations on futures contracts in the crypto asset market. Source: CoinGlass.
In total, 251,552 traders suffered losses on futures contracts. More than $829 million was accounted for by long positions on most assets. Meanwhile, the amount of liquidation on short positions was $117.24 million.
The share of losses among bitcoin and Ethereum traders amounted to $455.72 million and $210.56 million, respectively.
The cryptocurrency is at $85,494, according to TradingView at the time of writing.
Daily chart of BTC/USDT on Binance. Source: TradingView.
On October 5, the value of bitcoin exceeded $125,000, setting a historic high, and on November 14, the asset traded below $95,000 for the first time in more than six months.
Meanwhile, capital outflows from bitcoin ETFs totaled more than $1.1 billion over the week, and CryptoQuant reported that new bitcoin investors sold 148,241 BTC at a loss.
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