Bitcoin’s Turbulent Ride: 1.6M Traders Liquidated in Historic Market Shakeout

In a dramatic turn of events, Bitcoin and altcoins experienced the largest liquidation cascade on record, with over 1.6 million Leveraged traders wiped out in a single sweep. This unprecedented event, which analysts have dubbed a 'perfectly executed' trade, reshaped positions across both retail and institutional markets, revealing the dangers of an overcrowded long side. While prices have shown signs of recovery, experts caution against premature bullish optimism, emphasizing that the market remains in a transitional phase requiring disciplined risk management. The November 2025 shakeout serves as a stark reminder of cryptocurrency's inherent volatility, even as Bitcoin continues to demonstrate its resilience in the face of extreme market stress.

1.6M Traders Liquidated in Record Cascade, Analyst Calls It a ‘Perfectly Executed’ Trade

Bitcoin and altcoins faced the largest liquidation cascade on record, with over 1.6 million leveraged traders wiped out. The event reshaped positions across retail and institutional markets, exposing the overcrowded long side. While prices have since rebounded, experts warn against premature bullish optimism—the market remains in a transitional phase demanding disciplined risk management.

Market analyst Doctor Profit described the wipeout as a 'perfectly executed trade,' noting near-total liquidations in altcoin pairs. The sell-off culminated a distribution phase dating to August, where institutional players quietly offloaded holdings as retail traders chased rallies. Such cleansing events historically precede either fresh accumulation or a major trend reversal.

Technical indicators including the so-called 'Blood Moon effect' suggest the crash followed a predictable cycle tied to astronomical markers. The convergence of market psychology and technical patterns underscores cryptocurrency's volatile maturation process—where euphoria and despair remain two sides of the same algorithmic coin.

Bitcoin Whale Breaks 13-Year Silence, Moves $33 Million to Binance

A dormant Bitcoin address linked to Mt. Gox transactions from 2012 has resurfaced, transferring 300 BTC (worth $33.47 million) to Binance. The coins were originally acquired at $11 each, representing an unrealized gain of 410,624%.

Blockchain data reveals the wallet cluster still holds 590 BTC. Last year, the same entity moved 159 BTC to a new address without selling. This week's transfer marks the first time these assets have entered an exchange wallet, exposing them to potential liquidation.

Market observers note the distinction between on-chain movements and exchange deposits. The transaction renews concerns about supply pressure from legacy holders, though the owner's intentions remain unclear.

Nigel Farage Pledges Crypto Deregulation to Revitalize UK Financial Sector

Reform UK leader Nigel Farage has positioned himself as a champion of cryptocurrency, vowing to slash capital gains tax on digital assets to 10% and establish a bitcoin reserve at the Bank of England. Speaking at DAS London, Farage criticized both Conservative and Labour parties for neglecting the financial sector, pledging to make London a global crypto hub through his proposed "Cryptoassets and Digital Finance Bill."

The draft legislation targets three key areas: tax reform to halt capital flight, central bank adoption of Bitcoin, and protections against discriminatory account closures. "I want to regenerate [the sector]," Farage declared, framing crypto adoption as essential to restoring London's status as a premier trading center.

JPMorgan to Enable Client Cryptocurrency Trading in Strategic Shift

JPMorgan Chase will begin offering cryptocurrency trading to clients next year, marking a pivotal shift in institutional adoption of digital assets. The bank's head of digital assets confirmed the move while clarifying that custody services will initially rely on third-party providers rather than in-house solutions.

This decision reflects a broader trend among major financial institutions easing previous Bitcoin restrictions. Banks increasingly recognize cryptocurrencies' potential to expand market reach through strategic partnerships, with JPMorgan positioning itself at the forefront of this institutional pivot.

The regulatory landscape under the TRUMP administration, including the GENIUS Act targeting stablecoin oversight, has created more favorable conditions for traditional finance to engage with digital assets. Custody models remain varied across the industry, ranging from exchange-held assets to institutional self-custody arrangements.

Bitcoin Price Prediction: Institutional Moves and Strategic Buying Fuel Optimism

Bitcoin (BTC/USD) edged 0.66% higher to $114,770 on Tuesday, buoyed by institutional re-entry and easing U.S.-China tensions. The recovery follows last week’s selloff, with corporate buying—particularly from Strategy—providing a floor. The firm quietly acquired 220 BTC for $27 million before prices dipped to $110,000, bringing its total holdings to 640,250 BTC ($73 billion). Analysts interpret such moves as long-term confidence signals. "Large holders anchor Bitcoin’s floor," one strategist noted.

BlackRock CEO Larry Fink’s endorsement further bolstered sentiment. His comparison of bitcoin to Gold marked a stark reversal from earlier skepticism. The firm’s $94 billion ETF adds weight to the institutional narrative, reinforcing Bitcoin’s role as a macro asset.

3 US Crypto Stocks Show Signs of Recovery After $20 Billion Market Selloff

Last week's crypto market crash, triggered by renewed US-China tariff tensions, wiped out over $20 billion in liquidations, impacting both digital assets and crypto-related equities. However, optimism is gradually returning, with several crypto-linked stocks displaying early recovery signals.

Galaxy Digital Inc. (GLXY) closed Friday at $39.38, down 7%, in line with the broader market decline. A $460 million strategic investment from a major global asset manager could reverse the trend. The deal involves share purchases from both the company and executives, including CEO Mike Novogratz, at $36 per share. With pre-market trading at $40.60, GLXY could test $44.33 if sentiment improves, though a downturn might push it below $36.60.

LQWD Technologies Corp. (LQWD) fell 5% amid heavy selling pressure. The company recently completed a 60-day Lightning Network yield test, deploying over 47.1 BTC and achieving an 8.9% annualized yield. CEO Shone Anstey noted that yields improve with increased Bitcoin usage. Improved sentiment could drive LQWD toward $3.29, while extended weakness may see it drop to $0.91.

Soluna Holdings, Inc. (SLNH) closed at $2.41, down 6%, but has attracted early interest following recent announcements.