EL7.AI
CryptoMedium•9 November 2026•
3 min read

Ether Liquidations Reach $449.03 Million as Funds Continue to See Outflows

Key Facts

1U.S. spot Ether funds recorded outflows of $365.2 million during the week of Nov. 2 to 6, 2026.
2Ether liquidations totaled $449.03 million in the 24 hours through 05:00 UTC on Nov. 9, including $412.30 million in long positions.
3Cryptocurrency market liquidations totaled $1.02 billion in the 24 hours through 05:00 UTC on Nov. 9.
4Weekly outflows from U.S. spot Ether funds extended to 6 consecutive weeks through the week of Nov. 2 to 6.

Ether position liquidations reached about $449.03 million in the 24 hours through 05:00 UTC on Nov. 9, according to a report by The Crypto Times citing CoinGlass. Long positions accounted for $412.30 million of the total, or 91.8%, compared with $36.73 million for short positions. The liquidations came as U.S. spot Ether funds recorded net outflows of $365.2 million during the trading week of Nov. 2 to 6, according to data from Farside Investors. Ether also fell about 5% to $2,223 in late Sunday trading, its lowest level since August, Reuters reported. Bitcoin fell more than 2% to $73,708 in the same session, also reaching its lowest price since August, Reuters said.

Flows into Ether funds were not one-way during the week. Funds recorded net outflows of $139.7 million on Nov. 2 and $85.3 million on Nov. 3, according to Farside data. On Nov. 4, the direction reversed, with a net inflow of $53.0 million. Outflows resumed on Nov. 5, at $99.9 million, before reaching $93.3 million on Nov. 6. The week ended with net outflows of $365.2 million, despite the inflow recorded midweek. The Nov. 6 withdrawals were the second-largest daily outflow among the five days covered by the weekly data, after Nov. 2.

Across the broader cryptocurrency market, liquidations totaled $1.02 billion in the 24 hours through 05:00 UTC on Nov. 9, involving 151,027 traders, the same report said, citing CoinGlass. Ether figures show that long positions made up the vast majority of its liquidations, while short positions accounted for just 8.2%, according to the report. Reuters linked the decline in cryptocurrencies in late Sunday trading to investor concerns about tighter regulation if Democrats controlled the U.S. Congress. The agency said investors "feared a U.S. Congress controlled by the Democratic Party would tighten regulation of the asset class." Reuters presented this concern as one factor behind the market's decline in that session.

The Crypto Times report said U.S. spot Ether funds had recorded weekly outflows for six consecutive weeks through the week of Nov. 2 to 6. The ETHA fund accounted for weekly outflows of $345.9 million during that week, according to the report. On Nov. 6 alone, ETHA outflows were about $90.76 million, citing SoSoValue data reported by the publication. Ether funds also recorded net outflows of $1.61 billion during October 2026, which the report described as the largest monthly outflow since the funds launched. Against the backdrop of market turbulence in recent sessions, Reuters pointed to the theft of $6 billion in assets from Binance and to prominent cryptocurrency critics winning seats in last week's U.S. midterm elections.