On November 21, 2025, the price of bitcoin dropped to $83,000. 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, 391,254 traders suffered losses on futures contracts. More than $1.78 billion was accounted for by long positions on most assets. Meanwhile, the amount of liquidation on short positions was $129.36 million.
The share of losses among bitcoin and Ethereum traders amounted to $960.39 million and $401.48 million, respectively.
The cryptocurrency is at $84,261, 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.


