Bitcoin Drops Below $66,000 as $215M in Leveraged Bets Get Liquidated in an Hour
Bitcoin slid below $66,000 while $215 million of levered positions were liquidated in just 60 minutes, according to @KobeissiLetter. The outlet also flagged a break at $1,850 in the same post, calling it one of crypto's most brutal weeks of the year.
- Original source: X account @KobeissiLetter.
- The source published it on Nov 14, 2026 at 3:03 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
- It comes from X posts, not a news outlet.
The sell-off hit fast. According to @KobeissiLetter, Bitcoin dropped below $66,000, and the same post flagged a second threshold giving way at $1,850. The outlet's wording attributes both breaks to Bitcoin.
The damage in leveraged positions was immediate: $215 million worth of them were liquidated inside 60 minutes, per the same post.
That cascade lands in what the outlet calls one of crypto's most brutal weeks of the year, a week that is still running.
The post is the account's read on a market moving in real time. No exchange, fund or trader named in it has commented, and no specific catalyst for the drop is given.
TopicsBitcoin · Kobeissi Letter
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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