| Logroñés beat Numancia 3-2 (A) on 6 Dec 1998 |
| Numancia beat Eibar 2-1 (H) on 25 Oct 1998 |
| Eibar beat Mérida 1-0 (H) on 29 Nov 1998 |
| Mérida beat Albacete Balompié 2-0 (A) on 15 Nov 1998 |
| Albacete Balompié beat Compostela 1-0 (H) on 18 Oct 1998 |
| Compostela beat RCD Mallorca B 2-0 (H) on 22 Nov 1998 |
| RCD Mallorca B beat Ourense 2-1 (A) on 5 Dec 1998 |
| Ourense beat Recreativo Huelva 1-0 (H) on 13 Sep 1998 |
| Recreativo Huelva beat Badajoz 1-0 (H) on 11 Oct 1998 |
| Badajoz beat Málaga 2-0 (H) on 1 Nov 1998 |
| Málaga beat Leganés 2-0 (A) on 18 Oct 1998 |
| Leganés beat Barcelona B 2-0 (A) on 14 Nov 1998 |
| Barcelona B beat Osasuna 4-0 (H) on 28 Nov 1998 |
| Osasuna beat Sevilla 2-1 (H) on 4 Oct 1998 |
| Sevilla beat Hércules 1-0 (H) on 10 Oct 1998 |
| Hércules beat Atlético Madrid B 3-2 (A) on 29 Aug 1998 |
| Atlético Madrid B beat Las Palmas 2-1 (H) on 11 Oct 1998 |
| Las Palmas beat Rayo Vallecano 3-0 (H) on 17 Oct 1998 |
| Rayo Vallecano beat Sporting Gijón 2-1 (H) on 10 Oct 1998 |
| Sporting Gijón beat Lleida 1-0 (A) on 25 Oct 1998 |
| Lleida beat Toledo 3-1 (H) on 11 Oct 1998 |
| Toledo beat Logroñés 4-1 (H) on 4 Oct 1998 |
HWC: Thick arrows show the earliest chain of wins that passes through every team and returns to its start.