| Leonesa beat Sporting Gijón 1-0 (H) on 24 Oct 1954 |
| Sporting Gijón beat España 2-1 (H) on 31 Oct 1954 |
| España beat Real Avilés Club Fútbol 1-0 (H) on 12 Sep 1954 |
| Real Avilés Club Fútbol beat Juvenil 5-3 (H) on 7 Nov 1954 |
| Juvenil beat Osasuna 3-2 (H) on 17 Oct 1954 |
| Osasuna beat Lleida 5-1 (H) on 12 Sep 1954 |
| Lleida beat Sestao 2-1 (A) on 17 Oct 1954 |
| Sestao beat Barakaldo 3-2 (A) on 7 Nov 1954 |
| Barakaldo beat Real Oviedo 2-1 (H) on 17 Oct 1954 |
| Real Oviedo beat Logroñés 5-1 (H) on 3 Oct 1954 |
| Logroñés beat CP La Felguera 3-1 (H) on 24 Oct 1954 |
| CP La Felguera beat Real Zaragoza 2-1 (H) on 26 Sep 1954 |
| Real Zaragoza beat Racing Ferrol 4-1 (H) on 17 Oct 1954 |
| Racing Ferrol beat Eibar 3-2 (H) on 24 Oct 1954 |
| Eibar beat Caudal Deportivo 4-1 (H) on 19 Sep 1954 |
FLP: Thick arrows show the earliest chain of wins that passes through every team.