📉 Mass liquidations of long positions in the crypto market: hundreds of millions of dollars
As Bitcoin and Ethereum declined on November 12–13, 2026, exchanges forcibly closed leveraged traders’ positions. According to a CoinGlass snapshot published on November 13 and cited by BeInCrypto, around $681 million in positions were liquidated over the preceding 24 hours, of which approximately $599 million were long positions. This figure relates to a specific rolling 24-hour window and changes over time.
BTC accounted for around $325 million in liquidations, and ETH for around $106 million. A separate Bitcoin.com snapshot from November 12 also recorded more than $650 million in total liquidations, confirming the scale of the volatility, but not that the time intervals were identical. A liquidation is the forced closure of a position, and does not necessarily mean traders lost the entire stated amount of their own capital.
Sources: CoinGlass via BeInCrypto (November 13, 2026), Bitcoin.com (November 12, 2026).
#Bitcoin #CryptoMarket
As Bitcoin and Ethereum declined on November 12–13, 2026, exchanges forcibly closed leveraged traders’ positions. According to a CoinGlass snapshot published on November 13 and cited by BeInCrypto, around $681 million in positions were liquidated over the preceding 24 hours, of which approximately $599 million were long positions. This figure relates to a specific rolling 24-hour window and changes over time.
BTC accounted for around $325 million in liquidations, and ETH for around $106 million. A separate Bitcoin.com snapshot from November 12 also recorded more than $650 million in total liquidations, confirming the scale of the volatility, but not that the time intervals were identical. A liquidation is the forced closure of a position, and does not necessarily mean traders lost the entire stated amount of their own capital.
Sources: CoinGlass via BeInCrypto (November 13, 2026), Bitcoin.com (November 12, 2026).
#Bitcoin #CryptoMarket