Over $2 Billion in Crypto Leverage Lost in November as Traders Hold Positions

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
On November 21, over $2 billion in crypto market leverage was lost as traders faced massive liquidations, the highest single-day total since 2025. Bitcoin price dropped 8-9% to $84,500, triggering $960 million in liquidations, while Ethereum fell 10-14%. Despite the sharp losses, open contracts remained stable, showing traders are using better risk tools and holding through crypto market swings.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.