THE BLOCK · 2026-11-09 13:04 UTC

Bitcoin loses 50-week moving average as 24-hour crypto long liquidations top $1 billion

Bitcoin closed below its 50-week moving average ($75,488) for the first time in eight weeks and briefly fell below $74,000 on Monday. CoinGlass data shows over $1.15 billion in total liquidations in 24 hours, including $1.04 billion in longs, with about 167,764 traders liquidated. U.S. spot bitcoin ETFs recorded $1.28 billion in net outflows for the week, the most since late June.

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