According to Watcher.Guru, $800 million worth of crypto long positions were liquidated in the past 24 hours. According to Binance Academy, a liquidation is the forced closure of a leveraged position when margin requirements are not met. According to Watcher.Guru, the reported total reflects significant deleveraging over the last day.

According to @ai_9684xtpa, an address labeled 1011 flash-crash short insider whale deposited about 170 million dollars in stablecoins to Binance over the past 7 hours. source: https://x.com/ai_9684xtpa/status/1995448380387164193 The same post states the wallet has collateralized 126,232.16 ETH and borrowed 160 million USDT, which can be verified on the linked Arkham address page. source: https://x.com/ai_9684xtpa/status/1995448380387164193, https://intel.arkm.com/explorer/address/0xF6FD12fbf8bBe0e08Ac739c3634CD1cB21acf5E9 Traders can monitor this Arkham address and any further Binance deposit or transfer updates from the post to track subsequent large flows around ETH. source: https://intel.arkm.com/explorer/address/0xF6FD12fbf8bBe0e08Ac739c3634CD1cB21acf5E9, https://x.com/ai_9684xtpa/status/1995448380387164193

According to @binance, crypto options provide leveraged exposure with the buyer’s maximum loss capped at the premium, enabling defined-risk directional and volatility trades. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading. Calls grant the right to buy at a strike by expiry and puts grant the right to sell, while option sellers face potentially substantial losses and must post margin, making clear risk management essential. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading. Pricing and risk are driven by implied volatility, time to expiration, and Greeks such as delta, gamma, theta, and vega, which traders can use to align expiries and strikes with their volatility views. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading. Core strategies highlighted include long calls or puts for convex directional exposure, covered calls to generate income on spot holdings, protective puts to hedge downside, and straddles to trade volatility without choosing direction. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading. For crypto portfolios, these structures can hedge spot drawdowns, collect option premium, and define position risk during high-volatility events when executed with disciplined sizing. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading.

According to dYdX Foundation on X on Nov 28, 2025, on-chain markets are hitting all-time highs driven by rising demand for transparency and self-custody. According to dYdX Foundation on X on Nov 28, 2025, major traditional finance institutions are beginning to integrate perpetual-style products. According to dYdX Foundation on X on Nov 28, 2025, this convergence signals a structural shift in market architecture that is reshaping how participants access leverage and liquidity.

According to @CoinMarketCap, Cork co-founder Phil Fogel says crypto perpetual futures have been on shaky ground since the Oct. 10 crash but remain a long-term fixture of the market. According to @CoinMarketCap, Fogel adds that perps will need stronger oversight and risk controls going forward, highlighting a shift toward tighter market discipline that traders should monitor.

According to Lookonchain, wallet stayawayfromridiculouslyprettygirls.eth opened a 3x long on 120.93 BTC valued at about $10.4M and 988.23 ETH valued at about $2.78M on Nov 21, 2025, source: Lookonchain on X. The combined position value is approximately $13.18M across BTC and ETH, source: Lookonchain on X. The activity is attributed to address 0x5638484ba2d2F1D1D35020572B0Aa439a9869192, viewable on Hypurrscan, source: Hypurrscan. This reflects leveraged bullish exposure in BTC and ETH from a single wallet, source: Lookonchain on X.

According to @Andre_Dragosch, he has applied for a loan to buy more Bitcoin (BTC), disclosing an intention to increase BTC exposure using borrowed funds. Source: @Andre_Dragosch on X, Nov 20, 2025. He added that the post is not financial advice and urged readers to DYOR, indicating the action reflects personal conviction rather than guidance. Source: @Andre_Dragosch on X, Nov 20, 2025. No details on loan size, terms, execution timing, or price levels were provided, so there is no actionable trade signal or target derived from the post. Source: @Andre_Dragosch on X, Nov 20, 2025. For trading relevance, the only verified takeaway is a stated plan to accumulate BTC via borrowing, with no stated market impact or outlook beyond that disclosure. Source: @Andre_Dragosch on X, Nov 20, 2025.

According to @EmberCN, a trader nicknamed Maji had 20% of an ETH long position, equal to 775 ETH, force-liquidated after adding funds to increase longs earlier today as ETH continued to fall. According to @EmberCN, the account has repeatedly followed a cycle of opening longs, getting liquidated, re-depositing funds to go long again, and being liquidated again in a persistent downtrend, underscoring ongoing pressure on leveraged ETH longs.

According to @BullTheoryio, over $1 billion in crypto positions were liquidated in the last 24 hours as Bitcoin (BTC) dropped below $90,000 for the first time in seven months (source: @BullTheoryio on X, Nov 18, 2025).

According to @EmberCN, an ETH perma-long trader was liquidated twice, with recent funding of about USD 3.437 million reduced to roughly USD 47,000 remaining, corroborated by the referenced Hyperbot trader page; source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, after the first liquidation left about USD 220,000 in margin, the trader re-opened an ETH long at USD 3,052, saw an intraday rebound toward USD 3,200 without taking profit, and was then liquidated again when ETH fell below USD 3,000; source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, the sequence underscores elevated liquidation risk for leveraged ETH longs around the USD 3,000 area when profits are not secured during rebounds; source: @EmberCN on X; Hyperbot trader page.

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.

According to @KobeissiLetter, roughly $1.2 billion of crypto positions were liquidated over the last 24 hours, source: @KobeissiLetter on X, Nov 14, 2025. The post provides a single aggregate liquidation figure without breakdown by asset, long or short composition, or exchange-level data, source: @KobeissiLetter on X, Nov 14, 2025.

According to @KobeissiLetter, Bitcoin dropped toward 95,000 dollars and Ether fell about 11 percent over the last 24 hours, with crypto liquidations spiking (source: @KobeissiLetter). For traders, a liquidation spike alongside a sharp 24-hour drawdown signals elevated volatility and execution risk; consider tightening risk, reducing leverage, and monitoring funding and open interest into the next sessions (source: @KobeissiLetter).

According to @EmberCN, a whale/institution that flipped long after realizing $24.48M profit from shorting ETH borrowed an additional $90M USDT on Aave, sent funds to Binance, and withdrew 36,445 ETH worth about $115M, indicating continued aggressive dip-buying activity; source: @EmberCN; Arkham Intelligence. Since Nov 5, across 9 days, the entity cumulatively transferred $1.187B to Binance and withdrew 422,000 ETH (about $1.44B) at an average acquisition price of $3,413; source: @EmberCN; Arkham Intelligence. Based on the stated average cost, the position currently shows an unrealized loss of approximately $101M; source: @EmberCN; Arkham Intelligence. Total leverage includes up to $485M USDT borrowed from Aave by this entity, with the address tracked on Arkham Intelligence Explorer; source: @EmberCN; Arkham Intelligence.

According to Lookonchain, address 0x9992 borrowed 10M USDC from Aave roughly two hours prior to the post and purchased 2,909 ETH; source: Lookonchain on X https://x.com/lookonchain/status/1988501287936422209. According to Lookonchain, the whale currently has 83,816 ETH valued at approximately $288.6M deposited on Aave and has borrowed $122.89M in stablecoins; source: Lookonchain on X https://x.com/lookonchain/status/1988501287936422209. According to Lookonchain, the related addresses can be monitored for position changes via Arkham Intelligence; sources: https://intel.arkm.com/explorer/address/0x99926Ab8E1B589500aE87977632f13cF7f70F242 and https://intel.arkm.com/explorer/address/0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029. According to Lookonchain, this flow indicates leveraged long ETH exposure via Aave borrowing and spot accumulation; source: Lookonchain on X https://x.com/lookonchain/status/1988501287936422209.

According to @AltcoinGordon (source: X post on Nov 9, 2025), trader James Wynn closed a 40x short position on BTC with a realized profit of $85,380. According to @AltcoinGordon (source: X post on Nov 9, 2025), the post also reports Wynn’s total PnL at -$21,914,194.51. According to @AltcoinGordon (source: X post on Nov 9, 2025), the outcome was characterized as “should have stayed bullish,” signaling a bullish framing of the trade result.

According to @QCompounding, the post spotlights Gary Jain’s comparison of ROI vs ROE and highlights why the two measures inform different trading decisions (source: @QCompounding on X). ROI measures profit relative to the amount invested and is commonly calculated as net gain divided by cost, making it useful for project-level return screening and capital allocation (source: Investopedia). ROE captures net income per unit of shareholders’ equity and can be magnified by financial leverage, so traders should decompose ROE via the DuPont framework to separate operating efficiency from balance-sheet effects (source: CFA Institute). For crypto-related equities, earnings and book equity are highly sensitive to digital-asset price volatility, which can swing ROE materially quarter to quarter, so normalize ROE versus leverage and cross-check with ROIC for signal quality (source: Coinbase 2023 Form 10-K; Riot Platforms 2023 Form 10-K). Value creation is more defensible when ROE sustainably exceeds the cost of equity and aligns with strong ROIC, reducing the risk that leverage alone inflates equity returns (source: Aswath Damodaran Corporate Finance; McKinsey Valuation).

According to @lookonchain, wallet 0x7B7b closed an XRP short with a realized profit of $945,000, then increased his BTC short to a total of 2,222 BTC with $224.5 million notional exposure, signaling elevated downside positioning from a single large actor, source: Lookonchain on X, Nov 7, 2025. Based on the notional value reported by @lookonchain, the position size implies an approximate reference price near $101,000 per BTC for the aggregate short exposure, calculation from figures cited by Lookonchain on X, Nov 7, 2025. @lookonchain identifies the wallet as the Roobet and Stake.com gambler 0x7B7b, highlighting ongoing high-leverage activity that traders track for potential market impact in BTC and XRP derivatives, source: Lookonchain on X, Nov 7, 2025.

According to @Excellion, he is considering offering Bitcoin backed loans at a 3% interest rate. source: @Excellion on X, Nov 6, 2025 No further details on loan terms, collateral requirements, jurisdiction, or launch timeline were provided in the post. source: @Excellion on X, Nov 6, 2025 Traders focused on financing costs should monitor for specifics such as LTV, tenor, custody, and rehypothecation, as these factors determine leverage efficiency and risk management if such loans are introduced. source: @Excellion on X, Nov 6, 2025

According to @lookonchain, a newly created wallet 0x96ea opened a long on ZEC three days ago and is showing about $2.7M in unrealized profit, based on the on-chain post and the referenced address at hypurrscan.io/address/0x96eaaf0375a6c5ecfc4980503bc8ce6c0192616d. According to @lookonchain, the position size is 32,000 ZEC with an estimated notional value of $16.3M, as reflected in the on-chain data link. According to @lookonchain, the liquidation price is $373.13, providing a clear risk threshold for monitoring this large ZEC long.