$178M of crypto longs liquidated in one hour as US inflation runs hot
Cointelegraph reports $178M in crypto long positions got wiped out in a single hour. The trigger: October US CPI landed hotter than expected. A fast, brutal hit for traders caught leaning the wrong way on leverage.
- 7 sources report it: X account @Cointelegraph, cryptobriefing.com, tokenpost.com, beincrypto.com and 3 more.
- The source published it on Nov 10, 2026 at 1:42 PM.
Nothing open. Every check passed.
Cointelegraph flagged the wipeout as it happened: $178 million in crypto longs were liquidated inside a single one-hour window. The outlet tied the cascade to October's US CPI, which came in hotter than expected.
Longs are bets on higher prices, so the leveraged side of the market takes the hit fastest when an inflation surprise sours the mood. The $178M covers just 60 minutes of the damage, according to Cointelegraph.
TopicsCointelegraph
Written by Paparazzi with AI. Not financial advice.
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