CoinGlass counted $913 million of long liquidations when CoinDesk read it at 03:21 UTC and about $931 million when crypto.news read it at 06:02 UTC, on a rolling 24-hour window. Ether accounted for more of the total than bitcoin did.
Bitcoin fell to about $73,761 late on Sunday, its lowest level since August on CoinDesk's price data, and more than $1 billion of leveraged crypto positions were liquidated in the 24 hours to CoinDesk's reading early on Monday. CoinDesk reported that most of those liquidations landed in roughly the last six hours of the window, and that long positions made up the large majority of them.
The liquidation figures come from CoinGlass, which reports a rolling 24-hour total, so the number depends on when it is read. At 03:21 UTC it showed $913 million of long liquidations, $448 million in ether and $272 million in bitcoin, with a single $48 million ether order the largest. crypto.news read the same source at 06:02 UTC and reported about $931 million in longs, about $455 million in ether and about $278 million in bitcoin. The two readings are two hours and 41 minutes apart and the window had moved between them. Both exceed $1 billion in total.
Ether accounted for more liquidated value than bitcoin on either reading. Ether's total was about 1.65 times bitcoin's at 03:21 UTC and about 1.64 times at 06:02 UTC, on the same provider and the same window in each case. TokenPost put the total at about $1 billion across bitcoin, ether and other assets without naming a provider, and described the largest single liquidation as an ETH/USDT order of almost $50 million, about 5% of the total.
The price did not stay at the low. Bitcoin recovered above $75,000, though CoinDesk noted the bounce had already stalled when it published at 03:21 UTC. By 06:02 UTC crypto.news had bitcoin near $74,500 on its own price data, down about 2% over the previous 24 hours. Ether fell below $2,100 during the same stretch and was back above $2,130 by the later reading. CoinDesk placed bitcoin's 200-day moving average near $73,150, below Sunday's low, and its 100-day average near $77,430.
The low itself is not identical across providers. CoinDesk's figure is $73,761 and crypto.news records a swing low of about $73,692, a difference of $69, or about 0.09% of the price. Neither source presents its figure as a market-wide bottom.
CoinDesk attributed the risk aversion to two developments outside crypto. After press reports concerning its chief executive, Nvidia's board opened an independent review, and the company said it had no reason to believe national security or company secrets had been compromised and that the review would examine all available information. Separately, Secretary of State Marco Rubio said the talks with Iran had stalled, which CoinDesk linked to higher oil prices. Both are sequences that report describes rather than demonstrated causes, and neither comes with positioning or flow data showing how much of the selling either produced.
Both developments landed over a weekend, with US equity markets shut, so the liquidation cascade ran before either could be priced in a cash session. CoinDesk noted that the Nasdaq fell nearly 5% last week, a fourth consecutive weekly decline, and that traders were waiting on Monday's response in traditional markets. MiningPool covered an earlier episode of the same oil link in September, when the Strait of Hormuz was setting bitcoin's price.
The weekend also registered in tokenized equities. NVDAX, the tokenized Nvidia share issued on xStock, was down 3.55% over 24 hours at $180.42 when CoinDesk read it, while the underlying Nvidia stock had closed at $186.64 on Nasdaq on Friday and did not trade over the weekend. Those are different measurements: the first is a 24-hour change in the token, the second a Friday close in the share, and the gap between the two prices is about 3.3%. MiningPool reported in October that the IMF found most tokenized US stock trading happens after hours.
The drop also follows a week of withdrawals from the funds. MiningPool reported on Sunday that spot bitcoin ETFs turned negative for 2026 after $1.28 billion left them between November 2 and November 6, on Farside Investors data. That is last week's figure rather than a new one, and no source connects the fund flows to Sunday's liquidations.
Every number here carries the time it was read. CoinGlass's window keeps rolling, the price figures are from 03:21 and 06:02 UTC on Monday, and US cash equity markets had not opened when any of them were taken.
