How much crypto liquidations yesterday?

TLDR

Crypto derivatives liquidations yesterday were about $1.1 billion over 24 hours (14 Nov, UTC), per industry trackers citing CoinGlass data market update.

1. Long positions took most losses, roughly $887 million market update.
2. The largest single wipeout was a $44.29 million BTC long on HTX market update.
3. Some trackers reported higher totals, up to $1.36$1.38 billion, based on the cut used exchange post, market update.

Deep Dive

1. Magnitude

The baseline read for 14 Nov (UTC) was roughly $1.1 billion in liquidations across crypto derivatives, based on widely cited CoinGlass summaries market update.

• Some outlets logged higher prints, with totals near $1.36$1.38 billion, which reflects different 24-hour windows and venue coverage exchange post, market update.

2. Long vs Short

The flush was long-heavy. Reports show roughly $887 million of long positions liquidated versus a much smaller short tally market update.

• Other reads similarly framed the day as predominantly long-side capitulation, aligning with sharp downside moves in majors market update.

3. Largest Order

The single largest liquidation was a $44.29 million Bitcoin (BTC) long on HTX, which many outlets highlighted as the days biggest forced close market update.

• Large single-ticket liquidations indicate concentrated risk and thin depth, both of which worsen cascades when prices gap.

Conclusion

Yesterdays liquidation wave was substantial and long-dominated, with a baseline near $1.1 billion and higher prints up to $1.36$1.38 billion depending on the measurement window. The mix and the outsized BTC order suggest leverage and depth were misaligned, increasing the chance of follow-on volatility if positioning doesnt reset.