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Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

$950M crypto positions liquidated, shutdown odds rise post midterms

Movements across crypto, prediction markets and oil followed 2026 US midterm election results this week.

Priya Anand
Markets Analyst
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Stands on 6 placed sources from 6 publishers.
As of 2026-11-05 15:35 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
$950 million in total leveraged crypto positions were liquidated over 24 hours ending 4 November 2026. Of that total, $560 million were short positions and $403 million were Bitcoin positions [1]. Approximately $747 million in total crypto short positions were liquidated during the subsequent Bitcoin rally [2]. Approximately $288 million in cryptocurrency long positions were liquidated in the 24 hour period preceding the rebound [3].