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CryptoTokenPostKorean, translatedFiled 2 days ago

Crypto market sees $137.71 million in leveraged positions liquidated over 24 hours

Original headline암호화폐 시장, 24시간 동안 레버리지 포지션 1억3771만달러 청산

Open the sourceReported by TokenPost, tokenpost.kr, 7 November 2026, by 김미래

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Crypto traders liquidated $137.71 million in leveraged positions over the 24 hours to 8:00 p.m. KST on Nov. 7, 2026, with long liquidations of $100.27 million accounting for 72.81% of the total versus $37.44 million in shorts, according to CoinGlass. Bitcoin slipped 0.09% to $75,898 while Ethereum rose 0.46% to $2,244 during the same period. The long-heavy skew signals that bullish positioning was caught offside as prices failed to extend, forcing cascade-style exits. Traders will watch whether BTC can hold the $75,000 area and whether funding rates reset, since another leg lower could trigger further long unwinds.

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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