3 Altcoins That Could Liquidate Your Wallet (Spoiler: Not Happy)

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While the altcoin season has yet to return, a few altcoins are showing stronger performance than the rest of the market in the second week of November. However, these same tokens also face the risk of triggering massive liquidations for short-term traders. 🚨💸

Which altcoins are they, and what risks are involved in trading their derivatives? 🤔

1. XRP 🦴

Short-term trader sentiment for XRP remains highly optimistic as Canary Capital prepares to launch its Spot XRP ETF on November 13. 🎉 (Because nothing says “trust us” like a ETF named after a crypto that’s basically a legal limbo.)

Additionally, five XRP spot ETFs from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the DTCC list. This development strengthens investor confidence that multiple XRP ETFs could soon receive approval. 🤯 (Or just a bunch of paperwork that’ll take 10 years to process.)

The 7-day liquidation map indicates a significant concentration of potential long liquidations, suggesting that many traders are anticipating an XRP price rally this week. 📈 (Because nothing says “I’m confident” like betting your life savings on a coin that’s basically a legal gamble.)

However, BeInCrypto’s latest analysis reveals a sharp decline in new XRP addresses over the past week, indicating a weakening of interest from new investors. Moreover, the MVRV Long/Short Difference has dropped, increasing the likelihood of a price correction. 📉 (Because nothing says “sustainable growth” like a 10% drop in new users.)

If XRP falls toward $2.10 this week, long positions could face more than $340 million in liquidations. Conversely, if XRP rises to $2.75, short positions may be liquidated for around $69 million. 💸 (Welcome to the wild world of crypto, where your losses are as unpredictable as a toddler’s mood swing.)

2. Zcash (ZEC) 🕵️‍♂️

The rally in Zcash (ZEC) shows no sign of slowing down in the second week of November. Although ZEC reached $750 before correcting to around $658, many traders still expect the price to climb toward $1,000. 🧠 (Because nothing says “rational decision” like chasing a $1,000 target after a 10x surge.)

The 7-day liquidation map reveals that short-term derivatives traders are allocating more capital and leverage toward long positions. This means they could face larger losses if ZEC experiences a correction this week. 🚨 (Because nothing says “smart investing” like doubling down on a coin that’s basically a rollercoaster.)

If ZEC drops to $540, over $72 million in long positions could be liquidated. Conversely, if ZEC surges to $760, roughly $44 million in shorts could be wiped out. 💸 (Welcome to the crypto game, where your money is as stable as a Jenga tower.)

Analysts warn that ZEC may be forming a classic parabolic uptrend after a 10x rally, possibly nearing the final stage of the pattern. 📈 (Because nothing says “sustainable growth” like a parabolic chart that’s basically a death spiral.)

“Just sold 90% of my ZEC. I’m bullish on the privacy thesis, but parabolic charts rarely sustain in the short run without a meaningful retrace. Too much short-term FOMO imo,” investor Gunn said. 🤯 (Because nothing says “investor wisdom” like selling 90% of your holdings because you’re scared of a 10x rally.)

3. Starknet (STRK) 🌌

Starknet (STRK) surprised the market in the second week of November with a 30% daily surge, recovering losses from last month’s sharp decline. 🎉 (Because nothing says “recovery” like a 30% jump that’s probably just a temporary blip.)

Several analysts suggest STRK may be breaking out of a long-term resistance line, potentially kicking off a strong new bull run. 📈 (Because nothing says “bull run” like a coin that’s basically a speculative bubble.)

Liquidation map data reflects this short-term bullish sentiment, showing a dominance of potential long liquidations over shorts. 📉 (Because nothing says “confidence” like a liquidation map that’s basically a warning sign.)

However, CryptoRank reports that STRK is among the top 7 altcoins with major token unlocks this week. More than 127 million STRK tokens will be unlocked, potentially adding significant selling pressure and disrupting the plans of leveraged long traders. 🚨 (Because nothing says “selling pressure” like a massive token unlock that’s basically a time bomb.)

If STRK falls to $0.128, approximately $14 million in long positions could be liquidated. Conversely, if it breaks above $0.20, about $1.78 million in shorts could be wiped out. 💸 (Welcome to the crypto world, where your money is as stable as a toddler’s bedtime routine.)

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2025-11-10 17:26