Bitcoin News Today: Whale's $95M BTC Bet on Edge as Volatility Triggers $327M Crypto Liquidations

In the past 12 hours, a total of $327 million in crypto positions was liquidated across the entire network, with the majority stemming from long positions. This surge in liquidations coincided with a 3x leveraged whale purchasing 1,000 BTC (worth $95.3 million) on the Hyperliquid platform, according to monitoring by Lookonchain. The whale's position, opened four hours ago, faces a liquidation price of $60,042, underscoring the heightened volatility in the market.

The liquidation event reflects broader market turbulence. Bitcoin (BTC) has seen significant price swings, falling below $95,000 at one point during the week. This volatility has exacerbated risks for leveraged traders, with Hyperliquid's whale positions totaling $5.52 billion in long and short exposure. Long positions account for $2.575 billion (46.64% of holdings), while short positions hold $2.946 billion (53.36%). The platform's longs currently show a $159 million unrealized loss, compared to a $244 million gain for shorts.

The selloff aligns with a broader crypto market slump. Bitcoin spot ETFs experienced a $492 million net outflow on November 14, marking the third consecutive day of outflows. Ethereum and Solana also declined by 1.5% and 2.2%, respectively, over the past 24 hours. Analysts attribute the downturn to concerns over stretched valuations in AI stocks and uncertainty over potential U.S. interest-rate cuts. The Nasdaq Composite dropped 2.3% on Thursday, its worst session in over a month.

Meanwhile, Tether is exploring expansion beyond its USDT stablecoin. The firm is in advanced talks to invest €1 billion in German robotics company Neura, signaling a strategic pivot into high-technology sectors. This move follows Tether's recent diversification into AI infrastructure and real-world assets, including a 20,000-GPU compute network for AI research.

Regulatory developments also shaped the landscape. Japan's Financial Services Agency announced plans to support the country's three largest banks in launching yen-pegged stablecoins. Separately, the Bank of England outlined "temporary" limits on stablecoin holdings, aiming to mitigate systemic risks.

The liquidation spike and market dynamics highlight the fragility of leveraged positions amid macroeconomic uncertainty. As traders brace for potential rate decisions and geopolitical shifts, the crypto market remains in a delicate balancing act between innovation and volatility.

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