Crypto market sees $628.79 million in leveraged positions liquidated over 24 hours
Original headline암호화폐 시장, 24시간 동안 레버리지 포지션 6억2879만달러 청산
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Crypto markets saw $628.79 million in leveraged positions liquidated over the past 24 hours, with long liquidations accounting for 80.76% of the total at $507.78 million versus $121 million in shorts, according to CoinGlass data as of November 11, 2026. Bitcoin fell 1.36% to $73,552 and Ethereum dropped 2.89% to $2,054 during the same period. The long-heavy skew indicates leveraged bulls were forced out as prices declined, amplifying downside pressure across major assets. Traders will watch whether funding rates reset and whether BTC can hold the $73,000 area to gauge if deleveraging has run its course.
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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