Crypto Market: $267 Million in Leveraged Positions Liquidated in 24 Hours
Original headline암호화폐 시장, 24시간 동안 레버리지 포지션 2억6700만달러 청산
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Over the past 24 hours, roughly $267 million in leveraged crypto positions were liquidated, with longs accounting for 90.62% of the total—about $241.95 million versus $25.04 million in shorts—according to Coinglass data as of Nov. 3, 2026, 3:55 p.m. KST. The liquidation skew of 9.7-to-1 against longs reflects a broad market pullback, with Bitcoin (BTC) falling 1.99% to $76,489 and Ethereum (ETH) down 1.67% to $2,243 over the same period. The heavy long-side wipeout suggests traders were positioned aggressively for upside ahead of the decline, amplifying downside pressure as cascading liquidations can feed further selling. The data covers the top 20 liquidated assets, meaning total market-wide liquidations may exceed the reported figure. Watch whether BTC holds the $76,000 level and whether funding rates reset, as continued long liquidations or a stabilization in perp positioning could determine near-term direction.
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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Bitcoin (BTC), Ethereum (ETH), CoinGlass
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