Crypto market sees $139.71 million in leveraged positions liquidated over 24 hours

Crypto leveraged positions worth $139.71 million were liquidated across the market in the 24 hours to 4:55 a.m. KST on November 12, 2026, with short liquidations at $97.03 million accounting for 69.44% of the total—about 2.3 times the $42.69 million in long liquidations, according to CoinGlass. During the same period, Bitcoin rose 1.22% to $74,314 and Ethereum gained 1.59% to $2,075. The short-heavy liquidation mix signals that bearish positioning was squeezed as prices pushed higher, forcing traders to close bets against the market. Traders will watch whether the upside momentum sustains or reverses, and whether the imbalance in liquidations continues as a gauge of positioning across major tokens.