$1.2 Billion in Liquidations as Bitcoin Falls 12% in a Week

Crypto fell into Saturday 14 November, with Bitcoin near $67,200 and more than $1.2 billion in leveraged positions force-closed over the previous 24 hours. Bets on higher prices, known as longs, took the bulk of the damage, at 82.7% of all liquidations, according to Coinglass data.

• The news: Of 90 tracked crypto assets, 74 were lower on 14 November, led by Bitway's 22.43% drop, as Bitcoin slipped about 3% to $67,226.
• The figure: More than $1.2 billion in leveraged positions were liquidated in the 24 hours to 14 November, most of them longs, with sources putting the exact total between $1.23 billion and $1.4 billion.
• What's next: US spot Bitcoin ETF flow data resumes on Monday 16 November after a seventh straight day of withdrawals, and the Federal Reserve's next rate decision is 9 December.

Longs Took 82.7% of the Liquidations

Over 24 hours, $1.23 billion in trader positions were force-closed, nearly double the previous day's total, and 163,631 traders were liquidated, up from 112,947 the day before.

Longs made up 82.7% of crypto liquidations, Coinglass data shows. Bitcoin positions alone accounted for $637.24 million of the total, with longs at 90.8%, the heaviest long share among major assets.

Reports differ on the exact 24-hour figure, which runs from $1.23 billion to $1.4 billion depending on the source and the window it measures.

Bitcoin Tests Its 200-Week Average

Bitcoin traded at $67,623 during the sell-off, down 3.70% over 24 hours and testing its 200-week simple moving average near $67,922, a long-run trend line the coin was sitting just below.

Update (14 November): By Saturday the coin was near $67,200, down nearly 12% on the week and about 47% below its all-time high. Ether fell 3.37% to $1,903.78.

Among Saturday's biggest 24-hour losers were Bitway, down 22.43% to $0.663, Ether.fi, down 11.21%, and Internet Computer, down 7.80%. Over the past week Rain led declines at 36%, Bitway fell 32% and Zcash dropped 30% to trade around $944. Rain's fall followed a scheduled unlock on Tuesday that released about $165.66 million of RAIN into circulation.

ETFs Bleed as Wholesale Inflation Runs Hot

US spot Bitcoin ETFs lost $185.4 million on Friday 13 November, a seventh consecutive day of redemptions that took the run to about $1.71 billion, with BlackRock's IBIT accounting for most of Friday's figure at $143.5 million. The two-week outflow through 13 November reached $2.35 billion, and IBIT has now logged 11 straight sessions of withdrawals, per Farside Investors data.

The streak has not erased IBIT's year: the fund is still up about $2.45 billion in net inflows for 2026.

The outflows ran alongside a hot inflation print. US producer prices rose 0.3% in October, below the 0.4% forecast, but annual wholesale inflation accelerated to 6.5% from 6.3% in September, its highest since November 2022. The Federal Reserve held its benchmark rate at 3.75% to 4.00% in October.

Glassnode recorded a $14.2 billion contraction in stablecoin supply over 30 days through 9 November, the largest decline since June 2022.

What to Watch in the Next 24 Hours

Bitcoin's 200-week average near $67,922 is the first level to watch. A hold keeps the longer trend intact, while a sustained move below it would extend the sell-off into the weekend's thin liquidity.

US spot Bitcoin ETFs do not trade at the weekend, so the next flow print lands on Monday 16 November and will show whether the seven-day run of withdrawals has continued.

Two dates sit further out: MSCI drops Strategy, the largest corporate Bitcoin holder, from its benchmark indexes on 30 November, and the Federal Reserve announces its rate decision on 9 December.

Two claims around the move remain unconfirmed. The sell-off has been linked to Nvidia co-founder Jensen Huang resigning as CEO and board member, but no Nvidia statement confirming the resignation or dating it could be found. Separately, a hardware malfunction at an unnamed cloud provider is disrupting Ethereum access while the consensus layer runs normally, according to a report on X that has not been confirmed by the provider or the Ethereum Foundation; as of November 2026, between 35% and 60% of Ethereum execution-layer nodes are run on cloud providers, with AWS alone at roughly 35%.