Despite the broader “altcoin season” still not fully materialising, several altcoins have stood out with strong performance in the second week of November — yet those very gains carry heightened risk of large-scale liquidations among short-term traders. According to a recent analysis by CryptoBCC, three notable tokens are now under the spotlight for such risks.
1. XRP
The sentiment among short-term traders remains very bullish on XRP, especially in light of the anticipated approval of spot XRP ETFs — the firm Canary Capital is reportedly preparing one for launch on 13 November.
A 7-day liquidation map shows a large concentration of long positions that are at risk if price dips.
However, there are warning signs: new wallet counts for XRP have decreased significantly in the past week, and the long-versus-short MVRV indicator has dropped — both factors suggesting waning investor enthusiasm and heightened likelihood of a correction.
Should XRP decline to $2.10, it could trigger more than $340 million in long liquidations. On the flip side, if XRP rallies to $2.75, some $69 million in short positions may be liquidated.
2. Zcash (ZEC)
ZEC has shown an impressive upward move in the second week of November — after topping around $750, it pulled back toward $550. Some traders remain hopeful that it may approach the $1,000 mark.
The 7-day liquidation map reveals many short-term traders increasing leveraged long positions, which escalates risk if a correction happens.
If ZEC drops to $540, more than $72 million of long positions could be wiped out. Conversely, a move up to $760 could see around $44 million of short positions liquidated.
Analysts warn that ZEC may be forming a classic parabolic “blow-off” pattern after its ten-fold move, meaning that unless an adjustment occurs, the risk of a sharper reversal increases.
3. Starknet (STRK)
Starknet’s token STRK delivered a surprise move — rising roughly 30% in just one day in the second week of November, erasing losses from the prior month.
Short-term sentiment is upbeat: liquidation data show long positions overwhelmingly dominate the risk profile.
However, a significant caveat: according to CryptoRank, more than 127 million STRK tokens are due for unlock this week — a major supply event that could impose downward price pressure and increase risk for leveraged long traders.
If STRK falls to $0.128, roughly $14 million of long positions may be liquidated. If it surges to $0.20, approximately $1.78 million of short positions could be liquidated.
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All three altcoins — XRP, ZEC, STRK — display strong near-term momentum, which has attracted speculative interest and leveraged trading.
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However, each also carries embedded risks: weakening new-wallet or on-chain signals (XRP), parabolic structure and vulnerability to correction (ZEC), or big upcoming supply unlocks (STRK).
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Liquidation maps suggest that if either price reverses, the magnitude of forced exits (especially of long positions) could amplify the move downward.
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As always, this analysis is informational only — not investment advice. Traders should exercise caution, conduct their own research (DYOR), and carefully consider leverage and position sizing.
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