Crypto traders lost $599 million in long positions as Bitcoin and Ethereum prices dropped to their lowest since August. Long bets accounted for 88% of $680 million total liquidations, with Bitcoin longs alone losing $325 million. The decline follows inflation data and ahead of US producer price index (PPI) release, which could influence the Federal Reserve's December rate hike decision. Market watchers await Friday's PPI report to gauge if a larger Fed hike is likely, impacting crypto prices further.
Following the sharp crypto liquidations, Bitcoin on Pluang trades at Rp1.288.686.380, down 3.73% as of Nov 13, 2026 09:21 WIB, while Ethereum is priced at Rp36.519.947, down 2.03%. Despite recent losses, Pluang users show strong buying interest with 73% of Bitcoin orders and 83% of Ethereum orders as buys. Typical holding periods remain over 100 days, indicating a longer-term investor base.
Bitcoin fell 3.77% to trade at $70,535, with centralized finance (CeFi) tokens leading sector declines, down 3.21%. Ether also declined 1.94%, nearing the $2,000 mark. Despite these losses, decentralized finance (DeFi) and NFT indexes saw modest gain...
Bitcoin experienced $20.36 million in long position liquidations within one hour ending 7:41 p.m. ET Thursday, coinciding with a 0.46% price decline from $71,219 to $70,890. Data from Binance, Bybit, and OKX show total Bitcoin liquidations of $20.61 ...
A recent snapshot of Bitcoin order books revealed that Binance's spot market has $2.07 million more sell orders than buy orders, with sell orders totaling $10.025 million and buy orders at $7.9516 million. Other exchanges showed varied order book bal...
Bitcoin's perpetual futures market shows the largest open interest at $7.23 billion, slightly up by 0.94% in 24 hours, with a funding rate of 0.0100% every eight hours, tied with Solana and XRP for the highest in the group. Long positions dominate Bi...
The cryptocurrency market experienced a broad downturn with 76 of the 90 largest assets outside stablecoins falling. Stacks (STX) was the hardest hit, dropping 10.97% to $0.284, followed by Quant (QNT) which fell 9.57% to $161.72. Other notable decli...
