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Don't remind me again today

$500 million in long positions got liquidated! BTC fell below the weekly low, but these few coins might be reversing.

GasFeeLady

2025-12-01 12:20:19

Abstract generation in progress

[Crypto World] The crypto market was hit hard again yesterday — over $500 million in long positions were directly liquidated. Bitcoin's price dropped to a new weekly low, and other mainstream tokens fared worse: BNB fell by 5.2%, Ethereum dropped by 6%, and XRP saw a direct fall of 7.3%.

However, BNB may be on the rise. VanEck has just submitted an application for a spot BNB ETF, and on-chain data has been consistently strong, with analysts predicting a target price of $1150 by the end of 2025. Believe it or not, it's up to you.

Zcash is in a rather awkward position - it plummeted by 17%. However, the market generally believes this is just a technical correction, and it may rebound to $680 this year, with the possibility of even hitting a high of $1200 by 2026.

Another project worth paying attention to is Bitcoin Hyper. Their presale has raised over $28 million, focusing on a fast Bitcoin Layer 2 solution. Some predict that the HYPER token may have a 40x upside potential—of course, such predictions should be taken with a grain of salt and not fully believed.

BTC-7.18%

BNB-9.02%

ETH-9.68%

XRP-9.39%

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rugdoc.eth

· 6h ago

500 million Get Liquidated, laughing to death, it's another big play people for suckers, retail investors should wake up.

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SchrodingersPaper

· 7h ago

Get Liquidated again? I knew it, twice a week is standard. Is BNB really going to da moon this time? I don't believe the target price of 1150 anymore, anyway, I've already cut loss, haha. With Zcash falling so hard, who can live to see 680... let's just honestly wait for a rebound. I feel like Bitcoin Hyper's Layer 2 is playing people for suckers again, 28 million dollars have been sucked up, it would be strange if they didn't take some losses.

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ChainSpy

· 7h ago

500 million Get Liquidated, this wave is a bit harsh. Should we buy the dip again, or continue to shrink...

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PerennialLeek

· 7h ago

Get Liquidated 500 million? How ridiculous is that, it's time for the leveraged guys to give away money again. If BNB can rebound this time, I'll believe it; otherwise, it's just another empty promise. Zcash falling 17% is absurd, but anyway, I've already cut my losses a long time ago. Bitcoin Hyper attracting 28 million? With such a large presale, I need to see if it's another case of playing people for suckers. XRP falling like this and there are still people holding on? Impressive.

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BTCBeliefStation

· 7h ago

500 million Get Liquidated, this wave is indeed ruthless. But I think this opportunity for BNB is good. Long positions have been played people for suckers again, still need to keep the stop loss, brothers. VanEck's BNB ETF, this is getting interesting, but I have some reservations about the target price of 1150. Zcash fell 17%, really ridiculous, feels like another Whipsaw. Bitcoin Hyper attracted 28 million? This game is a bit interesting, but for Layer 2, I still see the mainstream solutions of the Bitcoin ecosystem.

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ForkTongue

· 7h ago

500 million Get Liquidated, here we go again. When will it settle down? --- BNB's target price is just for listening, I've heard too many of these predictions. --- Zcash big dump of 17%? What's going on, is it really just technical? --- Bitcoin Hyper吸28 million hasn't even launched yet, daring to be so ostentatious. --- Another Layer 2 project, the market is saturated yet still rolling. --- XRP fall of 7.3% is a bit harsh, what's the rebound space like? --- Believe it or not, I've seen this phrase too many times, starting from disbelief. --- Why do long positions always get liquidated, why are short positions so resilient? --- BNB ETF is coming, is this a bottom signal? --- Zcash's recent decline has been completely messed up.

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