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$631M in crypto longs liquidated in 24 hours as leverage bites again

Crypto Briefing·November 5, 2026·1 min read
$631M in crypto longs liquidated in 24 hours as leverage bites again

Over $631 million in crypto long positions were liquidated in 24 hours as high leverage amplified market volatility. The event risks triggering further liquidation cascades and could attract regulatory scrutiny amid persistent market shifts. The scale of losses underscores the dangers of leveraged trading in the crypto market.

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