Bitcoin Slips Below $64,000 and $691M in Crypto Positions Get Wiped Out in an Hour
Crypto traders lost $691 million to liquidations in a single one-hour stretch as Bitcoin briefly dipped below $64,000. Longs did almost all the bleeding — $671 million of the total — while short positions gave up just $19.51 million.
- Original source: tokenpost.com.
- The source published it on Nov 14, 2026 at 9:31 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
Crypto markets just handed out one of those hours traders dread. Roughly $691 million in positions were liquidated in a single 60-minute window as Bitcoin briefly dropped below $64,000, according to tokenpost.com.
The damage landed almost entirely on one side of the book. Long positions accounted for $671 million of the wipeout, while shorts made up just $19.51 million. That puts longs at about 97% of the total, with the short side taking less than 3%.
The imbalance tells the story of the move. A long position profits when prices climb, so the heavy concentration of losses there means traders were overwhelmingly positioned for higher prices when Bitcoin turned down.
Bitcoin's brief trade under $64,000 is the price marker attached to the hour, and the long-to-short split shows the dip caught bulls leaning the wrong way rather than shorts getting squeezed.
TopicsBitcoin
Source: tokenpost.com
Written by Paparazzi with AI. Not financial advice.
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