Crypto traders lost more than $225 million in leveraged positions in a single hour on November 13, 2026, following a sharp market move. Long positions accounted for $176.6 million in liquidations, compared with $49.3 million for short positions. The spike was observed around 03:09 UTC on Gate.io, Binance and Bybit, although real-time trackers estimated the hourly total between $215 million and $225 million. These automatic closures are triggered when collateral falls below the maintenance margin and can reinforce a further decline in prices. The wave followed heightened liquidation activity and closely resembled an episode recorded in September 2026.
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