Crypto market sees $849.96 million in leveraged positions liquidated over 24 hours
Original headline암호화폐 시장, 24시간 동안 레버리지 포지션 8억4996만달러 청산
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Crypto leveraged positions worth $849.96 million were liquidated across the market in the 24 hours to 3:55 p.m. KST on November 6, 2026, with long liquidations accounting for 88.57% of the total at $752.83 million versus $97.13 million in shorts, according to CoinGlass. Bitcoin fell 6.11% to $75,638 and Ethereum dropped 8.22% to $2,228 over the same period. The long-heavy skew signals that bullish traders were caught offside by the downturn, amplifying selling pressure through forced deleveraging. Traders will watch whether BTC holds the $75,000 area and whether funding rates reset enough to curb further cascade risk.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Bitcoin (BTC), Ethereum (ETH), CoinGlass
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