According to @simplykashif, there was no major news catalyst, yet many market participants were liquidated, indicating a liquidation-driven move on Dec 1, 2025. The author did not provide specific assets, figures, or tickers and only flagged widespread liquidations in a brief X post. Source: @simplykashif on X, Dec 1, 2025.

According to @ai_9684xtpa, the tracked account was forced to de-risk overnight with $1.36M realized losses in the past 24 hours and a remaining balance of $211k, source: x.com/ai_9684xtpa/status/1995295488346931221. According to @ai_9684xtpa, position breakdown shows HYPE closed 40,000 tokens for a $205k realized loss, BTC closed 15 BTC for a $320k realized loss, and ETH reduced by 4,500 ETH for a $429k realized loss, source: x.com/ai_9684xtpa/status/1995295488346931221. According to @ai_9684xtpa and the linked dashboard, the address still holds an ETH long worth $9.368M with a $473k unrealized loss, a liquidation price at $2,831.58, and only $15.72 of liquidation buffer, source: hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872?ic=6792001762. According to the source, these levels place immediate focus on the ETH $2,831.58 liquidation mark for traders monitoring forced-selling risk, source: hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872?ic=6792001762.

According to @KobeissiLetter, US margin debt jumped $57.2 billion in October to a record $1.2 trillion, marking the sixth consecutive monthly increase (source: The Kobeissi Letter citing FINRA October 2025 margin statistics). Year-to-date, margin balances are up $285 billion (+32%), and over the last six months they have surged +39%, which the author characterizes as the biggest recent jump (source: The Kobeissi Letter; FINRA margin statistics). Elevated broker-dealer margin balances indicate higher equity market leverage, increasing the probability and speed of forced deleveraging when prices fall (source: BIS Quarterly Review on procyclical margins and leverage). For crypto traders, heightened equity leverage can amplify cross-asset volatility and spillovers, with risk-off episodes transmitting through margin calls and liquidity withdrawals that can impact BTC and ETH alongside equities (source: BIS Quarterly Review on margin procyclicality and cross-asset contagion). Trading takeaway: monitor US equity volatility and funding conditions; a sharp reversal in stocks would raise liquidation risk across leveraged books and could pressure BTC and ETH beta to equities (source: BIS; The Kobeissi Letter data).

According to @KobeissiLetter, roughly $1 billion in leveraged crypto positions were liquidated in the last 24 hours, with cumulative liquidations reaching $4.5 billion over the past 7 days, highlighting ongoing forced deleveraging and elevated trading risk according to @KobeissiLetter. Liquidations also spiked by $300 million in the last 4 hours, underscoring intraday stress according to @KobeissiLetter. Bitcoin fell to $91,000 at 3:00 PM ET, marking a sharp downside move that aligns with the reported liquidations according to @KobeissiLetter.

According to @WatcherGuru, approximately $220 million in crypto long positions were liquidated in the past 60 minutes (source: @WatcherGuru). This confirms a concentrated wave of forced long position closures within the last hour across the crypto market, totaling $220 million in value (source: @WatcherGuru).