Leveraged buyers carried almost the whole bill in the 24 hours to Nov 5. Of $813.8M in recorded liquidations, $716.3M came from longs and $97.5M from shorts, across 174,180 forced closures. $BTC led with $201.5M, and the largest single one was $10.9M on $ETH .

Open futures positions across 27 venues came to $70.15B, 3.73% below a day earlier, with 14.55% of it held on decentralized venues.

US spot Bitcoin ETFs took in a net $74.6M on Nov 4 and the Ether funds $53.0M. On Hyperliquid, the largest accounts by equity held 40.8% of their open notional long.