Liquidations Triple as DeepSnitch AI Jumps 70%
Daily crypto liquidations have exploded this cycle. Glassnode reports that average futures wipeouts have nearly tripled, rising to $68M in long liquidations and $45M in shorts. This is a direct sign that leverage is overheating, and volatility is accelerating fast.
The “Early Black Friday” event on Oct. 10 proved it. Over $640M per hour in long positions were liquidated as Bitcoin crashed from $121K to $102K. Open interest collapsed by 22% in under 12 hours, one of the sharpest deleveraging events in BTC history.
That extreme reset is sending traders straight into the best cheap crypto to buy now, especially early-stage projects with real utility and asymmetric upside. Nothing fits that profile more cleanly than…
