The crypto market opened the first week of November in the red, turning short-term sentiment negative among Derivative traders. Capital flows and leverage are now heavily tilted toward Short, increasing the likelihood of large Short liquidations in the coming weeks.
Amid this imbalanced liquidation, some altcoins could trigger significant losses for traders. So which names are at risk?
1. Ethereum (ETH)
ETH 's 7-day liquidation map shows a clear disparity between liquidation on the Longing side and the Short side — with the Short dominating.
If ETH rebounds to $4,000 this week, more than $4.2 billion in Short could be wiped out. If the price rebounds further to $4,300, the total value of Short liquidated could approach $8 billion .
BeInCrypto’s recent analysis shows a bullish divergence signal, signaling a possible ETH recovery this week.
Analysts also noted that despite short-term volatility, the Ethereum network continues to set new records. These indicators reinforce ETH's solid foundation, encouraging investors to accumulate during sharp price corrections.
For example:
ETH App Revenue Has Hit an All-Time-High.
The amount of stablecoins on the network continues to grow rapidly.
With the above factors, Short without tight risk management could face massive liquidations if ETH rebounds sharply.
2. Aster (ASTER)
On the first Monday of November, Aster's liquidation map also showed a large imbalance, with Short at much higher risk of liquidation than Longing.
If ASTER rises to $1.4 , about $44 million in Short could be wiped out. Conversely, if the price falls to $0.9 , the amount of liquidation by Longing could exceed $15 million .
What could trigger a Short liquidation for ASTER?
The biggest factor could come from social media influence , especially CZ 's recent posts on X.
ASTER surged 30% after Changpeng Zhao — founder of Binance — revealed that he bought $2 million in Aster with his personal funds for long-term holding. The announcement prompted many other KOLs to publicly buy ASTER as well.
Even though the price has corrected, uncertainty remains. If CZ continues to post new updates on ASTER, the Token could pump again in the short term — putting Short at risk.
ASTER Short need to be cautious in such an information-sensitive environment.
3. Dash (DASH)
The narrative of “privacy coin” continued to explode in November. This time, Dash (DASH) took center stage as it surpassed Zcash (ZEC) and reached its highest price in three years.
Derivative traders are leaning bearish, increasing Short positions. If DASH rises to $105 , more than $13 million in Short positions could be liquidated.
On X, some analysts are even more optimistic, predicting:
“Next stop: $100–$140. If the privacy meta continues… don’t be surprised to see it at $250.” — Tactical Investing
When the market is driven by FOMO, it is difficult to predict when the momentum will stop. As long as the community remains bullish, Short DASH carries a very high risk of liquidation.
Conclude
ETH, ASTER, and DASH are all attracting strong community attention — reflecting recurring themes over the past several months, including the Ethereum ecosystem, DEXs, and the privacy narrative. This suggests that the market is lacking new catalysts.
Therefore, even if prices recover, these rallies may not be sustainable. In a context of increased volatility, both Longing and Short are at equally high risk of losses.
