Crypto market sees $324.07 million in leveraged positions liquidated over 24 hours

Crypto leveraged positions worth $324.07 million were liquidated across the market in the 24 hours to 3:55 p.m. KST on November 4, 2026, with long liquidations of $189.21 million accounting for 58.38% of the total versus $134.86 million in shorts, according to CoinGlass data on the top 20 assets by liquidation volume. Bitcoin rose 1.85% to $77,903 and Ethereum gained 2.26% to $2,294 over the same period, meaning longs were squeezed even as prices advanced. The long-heavy split signals that traders had leaned bullish into recent moves and were forced out by intraday volatility rather than a broad directional selloff. Watchers will focus on whether funding rates and open interest reset lower in the coming sessions or rebuild leverage that leaves the market exposed to another cascade.