Global crypto liquidations reach $298M in 12 hours, longs dominate

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Value investing in crypto remains a key focus as global liquidations reached $298 million in 12 hours, according to Coinglass data from November 3, 2026. Long positions accounted for $271 million in losses, compared to $27.04 million for short positions. Bitcoin and Ethereum led with $67.8 million and $40.35 million in liquidations, respectively. Traders using technical analysis for crypto are closely monitoring price movements amid heightened volatility.

ChainThink reports that, according to Coinglass data, $298 million in total liquidations occurred across the network over the past 12 hours, with $271 million in long positions liquidated and $27.04 million in short positions liquidated.

During the same period, Bitcoin saw $67.80 million in liquidations, and Ethereum saw $40.35 million in liquidations.

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