Crypto crash wipes out $954M in longs as Bitcoin falls below $76K

cryptonews11-06 03:02

Bitcoin has fallen below $76,000 on Nov. 5 as a cryptocurrency selloff has wiped out $954.38 million in leveraged long positions, pushing total 24-hour liquidations to $1.08 billion. Summary $...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto crash wipes out $954M in longs as Bitcoin falls below $76K\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-11-06 03:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/crypto-crash-long-short-liquidations-bitcoin-stocks/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin has fallen below $76,000 on Nov. 5 as a cryptocurrency selloff has wiped out $954.38 million in leveraged long positions, pushing total 24-hour liquidations to $1.08 billion.\n\n\nSummary\n\n\n\n$...</p>\n\n<a href=\"https://crypto.news/crypto-crash-long-short-liquidations-bitcoin-stocks/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBXY","symbol_name":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","start_time":0,"source_url":"https://crypto.news/crypto-crash-long-short-liquidations-bitcoin-stocks/","article_id":"2681837009","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/crypto-crash-long-short-liquidations-bitcoin-stocks/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2681837009","pubTimestamp":1793905358,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Bitcoin has fallen below $76,000 on Nov. 5 as a cryptocurrency selloff has wiped out $954.38 million in leveraged long positions, pushing total 24-hour liquidations to $1.08 billion.$954.38 million in long positions were liquidated, compared with $127.30 million in shorts.Bitcoin fell 5.8%, while Ethereum and Solana lost 7.5% and 7.9%, respectively.Coinbase and Strategy dropped around 10%, with several mining stocks recording larger losses.According to CoinGecko, Bitcoin fell 5.8% over the past 24 hours to $75,954, while Ethereum dropped 7.5% to $2,251 and Solana lost 7.9% to trade at $89.16. The total crypto market cap declined 4.6% to approximately $2.66 trillion.Zcash declined 5.3% to $1,242.29. Among the ten largest assets by market capitalization, Figure Heloc moved against the selling, gaining 1.6%, while USDT and USDC remained close to their dollar pegs.According to CoinGlass, 210,326 traders were liquidated over the past 24 hours. Long positions accounted for $954.38 million, o","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","BITU":"2倍做多比特币期货ETF-Proshares","BTCI":"NEOS Bitcoin High Income ETF","EZBC":"比特币ETF-Franklin","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","FBTC":"比特币ETF-Fidelity","BCCC":"Global X Bitcoin Covered Call ETF","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","DEFI":"比特币期货ETF-Hashdex","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","BITX":"2倍比特币期货ETF-Volatility Shares","BTRN":"比特币期货ETF-Global X","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","YBTC":"比特币看涨期权ETF-Roundhill","BTCO":"比特币ETF-Invesco Galaxy","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","MAXI":"比特币期货ETF-Simplify","BETE":"等权重比特币&以太币期货ETF-ProShares","BITB":"比特币ETF-Bitwise","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","BTF":"比特币&以太币期货ETF-CoinShares","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BETH":"比特币&以太币期货ETF-ProShares","SBIT":"2倍做空比特币期货ETF-Proshares","GBTC":"比特币ETF-Grayscale","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","BTCW":"比特币ETF-Wisdom Tree","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","BITI":"1倍做空比特币期货ETF-Proshares","MNRS":"GRAYSCALE BITCOIN MINERS ETF","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","IBIT":"比特币ETF-iShares","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","BITO":"比特币期货ETF-ProShares","HODL":"比特币ETF-VanEck","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","BTC":"Grayscale Bitcoin Mini Trust","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","BTCC":"Grayscale Bitcoin HIGH Income ETF","BRRR":"比特币ETF-CoinShares","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","BPI":"Grayscale Bitcoin Premium Income ETF","ARKB":"比特币ETF-21Shares"},"translate_title":"随着比特币跌破 7.6 万美元，加密货币崩盘抹去了 9.54 亿美元的多头","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CBOY":0.6,"BPI":0.6,"BTCO":0.6,"FBTC":0.6,"BTCC":0.6,"MAXI":0.6,"BITO":0.6,"BTCL":0.6,"BITI":0.6,"SBIT":0.6,"CBTA":0.6,"BTC":0.6,"IBIT":0.6,"DFII":0.6,"BFJL":0.6,"CBTY":0.6,"BITX":0.6,"BETH":0.6,"BITU":0.6,"BRRR":0.6,"CBTO":0.6,"BETE":0.6,"BCCC":0.6,"QBF":0.6,"HODL":0.6,"CBXO":0.6,"XBTY":0.6,"BITB":0.6,"CBOJ":0.6,"BTCW":0.6,"ARKB":0.6,"BTCI":0.6,"CBXJ":0.6,"BTRN":0.6,"MNRS":0.6,"BTF":0.6,"BFAP":0.6,"CBXY":0.6,"CBTJ":0.6,"DEFI":0.6,"EZBC":0.6,"GBTC":0.6,"BITY":0.6,"BTCZ":0.6,"CBOA":0.6,"CBOO":0.6,"CBXA":0.6,"BAGY":0.6,"YBTC":0.6},"content_text":"Bitcoin has fallen below $76,000 on Nov. 5 as a cryptocurrency selloff has wiped out $954.38 million in leveraged long positions, pushing total 24-hour liquidations to $1.08 billion.\n\n\nSummary\n\n\n\n$954.38 million in long positions were liquidated, compared with $127.30 million in shorts.\nBitcoin fell 5.8%, while Ethereum and Solana lost 7.5% and 7.9%, respectively.\nCoinbase and Strategy dropped around 10%, with several mining stocks recording larger losses.\nGold held gains as cryptocurrency prices and U.S. technology shares declined.\n\n\n\nAccording to CoinGecko, Bitcoin fell 5.8% over the past 24 hours to $75,954, while Ethereum dropped 7.5% to $2,251 and Solana lost 7.9% to trade at $89.16. The total crypto market cap declined 4.6% to approximately $2.66 trillion.\nThe retreat followed an earlier recovery above $80,000, reversing gains that had brought Bitcoin back from its election-week lows. XRP fell 6.1% to $1.23, BNB dropped 3.9% to $691.42, and TRON lost 1.1% to $0.3167.\nZcash declined 5.3% to $1,242.29. Among the ten largest assets by market capitalization, Figure Heloc moved against the selling, gaining 1.6%, while USDT and USDC remained close to their dollar pegs.\nCrypto liquidations hit longs hardest\nAccording to CoinGlass, 210,326 traders were liquidated over the past 24 hours. Long positions accounted for $954.38 million, or 88.2% of the total, compared with $127.30 million in shorts.\nSource: CoinGlass\nLiquidations were concentrated in the latest four hours, when $896.18 million in positions were closed, including $817.35 million in longs and $78.83 million in shorts. The 12-hour total reached $982.43 million.\nBitcoin positions recorded $280.65 million in liquidations, with longs representing 89.4%. Ethereum followed with $174.86 million, of which 82% involved bullish positions, while Solana recorded $37.62 million.\nThe largest individual liquidation was a $10.94 million ETHUSDT long on Binance. The exchange accounted for 46.7% of the reported total.\nTechnology shares fall alongside crypto companies\nNotably, the Nasdaq Composite fell 4.7% during Thursday’s trading, while the S&P 500 lost 3.5%. Nvidia dropped 7.5%, AMD fell 14.6%, and CoreWeave declined 12.1% as investors assessed financing costs and uncertainty surrounding data center development.\nU.S. crypto stocks suffered losses during the same session. Coinbase was down 10.56% at $135.50, and Strategy was down 10.12% at $128.11.\nRobinhood fell 11.81% to $77.09, while stablecoin issuer Circle lost 11.92% to $67.05. Both had recovered slightly from session lows of $75.51 and $64.89, respectively.\nMining and data center shares recorded some of the largest declines. IREN dropped 16.17%, Cipher Digital fell 15.08%, and CleanSpark lost 15.07%. TeraWulf declined 14.19%, while MARA Holdings slid 13.03%.\nRiot Platforms was down 5.14% at $14.58 after trading as low as $12.97. The stock percentages measure changes against the previous close, while cryptocurrency figures cover a rolling 24-hour period.\nGold holds gains while silver gives ground\nPrecious metals showed a different pattern. Spot gold was trading at $4,095.49 an ounce, up 0.9%, after reaching $4,146.63 earlier in the session.\nA weaker dollar and lower Treasury yields supported bullion. Gold had gained nearly 3.4% on Wednesday before reaching its highest level since Oct. 20 during Thursday’s trading. Silver’s earlier advance faded. The metal was at $52.16 an ounce, down 0.2%.\nBitcoin falls back toward November lows\nEarlier on Nov. 5, crypto.news previously reported that Bitcoin’s daily chart placed the lower Bollinger Band at $76,059, close to the week’s $75,736 low. Its subsequent retreat below $76,000 brought price back into that area.\nThe same chart placed the 20-day moving average at $80,139, with resistance around $81,000 to $82,000.\nBefore Thursday’s reversal, U.S. spot Bitcoin ETFs had returned to inflows, attracting $74.6 million on Nov. 4 after three consecutive sessions of withdrawals. Fidelity’s FBTC received $236.7 million, while BlackRock’s IBIT recorded $201.2 million in outflows.\n\n\n\n\n\n                Read more:\n            \n\n                Ethereum price outlook for November: Can ETH recover $2,800?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.53.0","shortVersion":"4.53.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2681837009","isCrawlerRequest":true}