Bitcoin fell to $62,112 on 15 November, its lowest level since 14 July. Cryptocurrency positions worth about $2 billion were liquidated in the 24 hours to 9:00 a.m. Singapore time, or 2:00 a.m. in Poland, according to CoinGlass data cited by Bloomberg. Bitcoin accounted for $774 million of the total and Ether for $488 million.
By the editorial team. Polish original, published 15 November 2026.
Bitcoin lost 5.7% during US trading on Saturday, 14 November, before falling a further 3.6% in the Asian session on Sunday to reach $62,112.
Ether declined to $1,711, its lowest level since 8 July. These were intraday lows, not current market quotations.
Liquidations approach $2 billion
Most of the liquidations involved long positions—trades that profit when prices rise—according to CoinGlass. An earlier sell-off on Friday had already forced the closure of about $1.3 billion of long positions.
In a leveraged trade, an investor provides only part of the capital supporting the position. If the market falls and the collateral is no longer sufficient, the trading platform may automatically close the position.
Those forced transactions can intensify a sell-off and trigger further liquidations. The total value of closed positions is not the same as either the fall in cryptocurrency market capitalisation or the combined losses of all investors.
Bitcoin is down about 25% since 21 October
Bitcoin has lost about a quarter of its value since 21 October.
Rich Rosenblum, co-founder of trading firm GSR, told Bloomberg that the price had fallen below its 200-day moving average, which stood near $73,000. In his assessment, the break accelerated liquidations and encouraged traders to open positions betting on further declines.
Pressure was also visible in exchange-traded funds. US spot Bitcoin ETFs recorded almost $3 billion of net outflows between 30 October and 13 November.
Rate expectations add pressure to crypto markets
Market participants linked the decline to expectations of higher US interest rates, weakness in technology shares and the consequences of a breach at Binance.
These were factors cited by investors, not a confirmed measurement of how much each one contributed to Bitcoin’s fall.
Richard Galvin of investment firm DACM said some capital may be shifting from cryptocurrencies into artificial-intelligence-related investments, including ahead of Anthropic’s planned stock-market debut.
Sources
- Bloomberg, Matthew Brockett, “Bitcoin Tumbles to Four-Month Low as Liquidations Accelerate”, 15 November 2026
- Business Standard, Bloomberg partner publication, 15 November 2026
- CoinGlass, cryptocurrency liquidation data, 15 November 2026
