Crypto market sees $725.86 million in leveraged positions liquidated over 24 hours
Original headline암호화폐 시장, 24시간 동안 레버리지 포지션 7억2586만달러 청산
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Crypto leveraged positions worth $725.86 million were liquidated in the past 24 hours, with long liquidations accounting for 86.87% of the total at $630.54 million versus $95.32 million in shorts, according to CoinGlass data as of 4:55 a.m. KST on November 6, 2026. Bitcoin fell 4.61% to $76,277 and Ethereum dropped 6.07% to $2,261 over the same period. The long-heavy wipeout signals that leveraged bulls were caught offside by the downturn, amplifying selling pressure across major tokens. Traders will be watching whether BTC holds the $76,000 area and whether funding rates reset enough to curb further cascading liquidations.
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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Ethereum (ETH), Bitcoin (BTC), CoinGlass
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