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Crypto Nov 7, 2026 1 min read

Crypto Carnage: Over $1 Billion in Bullish Bets Wiped Out as ETF Flows Offer No Spot Market Relief

More than $1 billion in bullish cryptocurrency positions were liquidated as leveraged traders were forced out of long bets, according to CoinDesk's day-ahead market look for Nov. 6, 2026. The report i…