Crypto Market: $102.27 Million in Leveraged Positions Liquidated in 24 Hours
Original headline암호화폐 시장, 24시간 동안 레버리지 포지션 1억227만달러 청산
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Bitcoin (BTC) slipped 0.01% to $77,907 and Ethereum (ETH) rose 0.79% to $2,285 as roughly $102.27 million in leveraged crypto positions were liquidated over the past 24 hours, according to Coinglass data as of Nov. 2, 2026, 8:01 p.m. KST. Short liquidations accounted for 57.99% of the total at $59.32 million, outnumbering long liquidations of $42.96 million by about 1.4x, indicating short-squeeze pressure despite muted spot price action. The liquidation figure covers the top 20 assets by liquidation volume, with Solana (SOL) among the major assets cited in the report. The short-heavy wipeout suggests traders positioning for further downside were caught as prices held steady, pointing to elevated volatility risk in both directions. Watch next: whether BTC can defend the $77,900 level and if ETH's relative strength extends, as continued short liquidations could fuel further upside volatility.
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.
Named in this story
Bitcoin (BTC), Ethereum (ETH), CoinGlass, Solana (SOL)
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