# Sandisk-Linked Contracts See $4.34 Million in One-Hour Liquidations By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/52404 Published: 2026-11-09T15:53:32.000Z Updated: 2026-11-09T15:53:32.000Z Section: Investing > Short positions accounted for $22.07 million of the $25.41 million in liquidations across the contracts tracked on Nov. 9. Sandisk-linked contracts generated $4.34 million in liquidations during a one-hour Nov. 9 snapshot, exceeding liquidations in Ether (ETH) contracts and highlighting the presence of stock-linked trades in the $25.41 million tally. Across the contracts tracked in the snapshot, short positions accounted for $22.07 million in forced closures, while long positions accounted for $3.34 million. Contracts tied to SOXL appeared in two separate liquidation entries, at $2.53 million and $920,000. The total spans stock-linked contracts and crypto-linked positions. A liquidation occurs when an exchange closes a leveraged position after losses consume the trader’s collateral. Short positions benefit from falling prices, while long positions benefit from rising prices. Most of the liquidations in this snapshot were in short positions. Sandisk-linked contracts also appeared in [an October liquidation episode](), when they logged $19.09 million over 24 hours. The Nov. 9 snapshot covers one hour. ## Links in this article - [an October liquidation episode](https://www.tokenpost.com/news/investing/30839)