About $983 million liquidated across the network in the past 24 hours.
Original headline全网过去 24 小时爆仓约 9.83 亿美元
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Crypto liquidations across exchanges totaled roughly $983 million in the 24 hours through 10:13 Beijing time on November 5, according to CoinGlass data, with short positions accounting for about $582 million and longs about $401 million. Some 130,900 traders were liquidated during the period, and the largest single liquidation was a roughly $38 million ETH-USDT long on HTX. The short-heavy split indicates a sharp upside move forced bearish traders to cover, amplifying the squeeze. Traders will watch whether funding rates and open interest reset cleanly or signal further volatility.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
ETH (ETH), HTX, CoinGlass, USDT
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