Crypto Market: $99.7865 Million in Leveraged Positions Liquidated in 24 Hours

Crypto markets saw roughly $99.79 million in leveraged positions liquidated over the past 24 hours as of Nov. 2, 2026, 3:55 p.m. KST, per Coinglass data, with short liquidations accounting for 62.93% of the total at $62.79 million versus $36.99 million in long liquidations. Bitcoin traded at $78,079, up 0.25% over 24 hours, while Ethereum rose 0.63% to $2,282, indicating the liquidation wave hit short sellers as major assets edged higher. The short-heavy wipeout suggests a modest upward squeeze rather than a broad market selloff, though total exposure remains elevated across the top 20 liquidated tokens. Traders will watch whether continued upward pressure triggers further short liquidations or whether BTC's hold near $78,000 attracts renewed long positioning.