Another flash crash pushed Bitcoin below $100,000, triggering massive liquidations as investors rushed to sell their assets on Binance.
The crypto market is stuck in a highly volatile zone that’s been negatively affecting not only small-cap tokens but also the leading assets. The market-wide volatility triggered a flash crash as the global crypto market cap dropped by another 2%, reaching $3.39 trillion, according to CoinMarketCap data. Moreover, the total value lost from the digital assets market reached $840 billion over the past 30 days.
Consequently, the selloff brought $1.73 billion in liquidations ($1.32 billion belongs to long positions) over the past 24 hours, CoinGlass data shows.
Ethereum ETH $2 975 24h volatility: 0.2% Market cap: $359.13 B Vol. 24h: $7.59 B is leading the chart with $573.91 million in liquidations ($485.86 million in longs) due to its 4.5% price fall over the past day. ETH is currently trading at $3,330, slightly up from its plunge to the $3,000 mark.
Bitcoin BTC $88 116 24h volatility: 0.2% Market cap: $1.76 T Vol. 24h: $16.55 B is following closely with $499.89 million in liquidations ($444.12 million in longs) as the leading asset fell below the $100,000 mark for the first time since mid-May.
BTC is hovering close to $102,000 at the time of writing. Its market cap is sitting just above the $2 trillion mark.
Coinglass data shows that the total number of traders who have been liquidated is over 430,000.
Hopes of a Recovery
With the latest market crash, some investors might be planning to sell their digital assets before a further price fall.
According to CoinGlass, Binance, the largest crypto exchange by trading volume, recorded a net inflow of 8,403 BTC, worth roughly $855 million, over the past day. The inflow shows that investors are preparing to sell Bitcoin due to market volatility.
On the other hand, 809 million USDT USDT $1.00 24h volatility: 0.0% Market cap: $186.77 B Vol. 24h: $34.64 B also entered Binance in the same timeframe. Stablecoin inflows could hint at a potential buying spree, as some investors would call it a buying opportunity.
According to Santiment, the social sentiment around the market has shifted from selling to “buying dips with confidence.”
😱 Bitcoin's drop to $98.9K and Ethereum's to $3.09K may have your timeline showing fellow traders left in shambles. But social data indicates there are still many buying dips with confidence. We look at $BTC, $ETH, & $XRP sentiment after the bloodbath. 👇https://t.co/smG1LYyI77 pic.twitter.com/SdEusnzXUv
— Santiment (@santimentfeed) November 5, 2025
The market intelligence platform shows that the calls for a market “bottom” and “buy” signals have significantly increased after Bitcoin fell below $100,000.
It’s important to note that large investors continued their selloff on Nov. 4, but the sentiment shift could trigger a buying spree.
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