The post How One Crypto Whale Made $36 Million Amid a Market Crash appeared on BitcoinEthereumNews.com.

The cryptocurrency market faced heavy turbulence over the past 24 hours, with total market capitalization falling by 4%. The downturn led to more than $1.3 billion in liquidations, primarily from long positions. While most suffered steep losses, one trader’s short bets have paid off. The whale is now sitting on over $36 million in unrealized gains. Sponsored Sponsored Crypto Liquidations Exceed $1 Billion as Market Slides The cryptocurrency market took a significant hit in October, exacerbated by the tariff-driven crash. And even though the “red October” is over, November has begun on an equally grim note, showing little sign of recovery so far. BeInCrypto Markets data showed that the total market cap has declined by 4% over the past 24 hours. Among the top 10 coins, Solana (SOL) experienced the largest loss, at 9.28%. Crypto Market Performance. Source: BeInCrypto Markets Moreover, Bitcoin (BTC) fell to $103,687, representing a 3.52% drop over the past day. Ethereum (ETH) faced a steeper decline. The altcoin slipped 6.13% to trade at $3,482. The market dip triggered massive liquidations. According to data from Coinglass, 336,622 traders were liquidated in the past 24 hours. Altogether, $1.37 billion worth of leveraged positions were wiped out. Crypto Liquidations Over The Past Day. Source: Coinglass Sponsored Sponsored Notably, $1.22 billion came from long positions (traders who were betting prices would go up). HTX exchange recorded the biggest single liquidation, closing a Bitcoin-USDT position worth $47.87 million. Bitcoin led the wipeout with $406.94 million in liquidations, while Ethereum followed closely behind with $356.34 million cleared. The liquidations also affected other assets, including Solana, XRP (XRP), Dogecoin (DOGE), Chainlink (LINK), Hyperliquid (HYPE), and others. “Months of boredom, 3 days of euphoria, biggest liquidation event in history, sideways misery, depression and more pain. Crypto is basically an abusive relationship we keep going…

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Filed under: News - @ November 4, 2025 1:28 pm