Long traders absorbed most of the damage as $176.6 million in bullish bets were forcibly closed across major exchanges
Crypto traders lost more than $225 million in leveraged positions in a single hour on November 13, 2026, as a sharp market move set off a wave of forced closures across major exchanges.
The bulls took most of the hit. Long positions made up $176.6 million of the total, while short positions accounted for $49.3 million.
What happened in the liquidation spike
The spike was captured by real-time liquidation trackers around 03:09 UTC and picked up by major crypto outlets shortly afterward. The speed of the event points to a fast swing in prices that knocked over leveraged positions one after…
