A BlockBeats report dated November 9, 2026, at 23:44:08 UTC+8, citing Coinglass data, put total liquidations across the tracked market at $25.41 million over the preceding hour. Short positions accounted for $22.07 million, compared with $3.34 million in long positions.
Equity gains outpaced Bitcoin
At the time of the report, the Dow was up 1.68%, the S&P 500 had gained 1.92%, and the Nasdaq 100 was up 2.71%. Bitcoin, meanwhile, had risen only 1% since the U.S. stock market opened.
BlockBeats linked that divergence to the concentration of short liquidations in contracts tied to U.S. equities. It highlighted:
- SanDisk: $4.34 million in liquidations.
- SOXL: liquidation amounts listed as $2.53 million plus $920,000, without explaining the split.
The report’s headline also stated that SanDisk contract liquidations exceeded those for ETH over the same period. The brief did not provide the corresponding ETH figure, leaving that comparison without a numerical breakdown.