According to @BullTheoryio, Bitcoin (BTC) nearly reached $94,000 and is up $10,200 over the last 40 hours, while more than $1 billion in leveraged longs and shorts were liquidated over the past two days (source: @BullTheoryio). Based on @BullTheoryio’s figures, the $10,200 move over 40 hours implies an average swing of roughly $255 per hour, underscoring heightened short-term volatility that momentum and mean-reversion traders may monitor (source: @BullTheoryio). Per @BullTheoryio, the reported $1 billion in liquidations indicates broad deleveraging across both sides of the book, a backdrop that traders often treat as a risk factor for liquidity gaps and abrupt price extensions (source: @BullTheoryio). Given the conditions outlined by @BullTheoryio, traders may consider tighter slippage controls, smaller position sizes, and pre-defined stops to manage execution during elevated volatility (source: @BullTheoryio).

According to @KobeissiLetter, Bitcoin (BTC) fell below $94,000 for the first time since May 5, 2025, source: The Kobeissi Letter on X, Nov 16, 2025, https://twitter.com/KobeissiLetter/status/1990119147053682939. @KobeissiLetter characterizes the move as driven by leverage, a key factor for traders monitoring BTC volatility and derivatives positioning, source: The Kobeissi Letter on X, Nov 16, 2025, https://twitter.com/KobeissiLetter/status/1990119147053682939.