Short positions dominated the Nov. 9 liquidation count, making up $22.07 million of a one-hour $25.41 million tally across stock- and crypto-linked contracts.
Long liquidations totaled $3.34 million, leaving shorts at $22.07 million. The count recorded SOXL in entries valued at $2.53 million and $920,000; Sandisk’s $4.34 million exceeded Ether’s.
The split differed from a 10-minute burst of chip-linked liquidations on Oct. 17. Long positions made up about $38 million of that separate $51.6 million total, which included roughly $10.8 million tied to Sandisk. U.S. stock markets were closed during the earlier episode.
Stock-linked contracts offer exposure to share prices without giving traders the underlying shares, dividends or voting rights. A short gains when prices fall; a long gains when they rise.
