UPDATE: Crypto liquidations cross $1.05B as over 203,000 traders face losses
CIE News ·
Update to Crypto market sees $1.03B in liquidations as Bitcoin drops to $75,700
Confirmed by 2 independent news outlets.
Updated data reveals over 203,000 derivative traders were liquidated on November 5 as market wipeouts crossed $1.05 billion, led by forced closures on long positions.
Fresh market data shows that over 203,000 derivative traders were liquidated on November 5, 2026, pushing 24-hour liquidations between $1.05 billion and $1.09 billion across exchanges. As previously reported, market liquidations escalated as Bitcoin (BTC) and Ether (ETH) tumbled alongside losses in the Nasdaq index. Long positions accounted for the majority of the wipeout, absorbing between $926.81 million and $954.38 million, or roughly 88% of the total forced closures, according to crypto.news.
Peak selling in a concentrated four-hour window accounted for $872.48 million in liquidations, according to bitkub.com, while crypto.news reported four-hour liquidations reached $896.18 million. The single largest liquidated order was an ETH/USDT long position worth $10.94 million on Binance, which was closed out at a price of $2,243.86. Binance accounted for 46.7% of all recorded liquidations during the session.
Bitcoin liquidations reached $280.65 million, with longs making up 89.4% of that asset's total, crypto.news reported. Ethereum followed with $174.86 million in liquidations, while short positions across all digital assets saw between $126.60 million and $127.30 million in liquidations.
Key facts
- $1.05B-$1.09B liquidated
- 203k-211k traders affected
- 88% were long liquidations
- $10.94M ETH largest liquidation
Read the original at crypto.news