FeesSafety
Pluang+

Trader opens $7.19M 40x leveraged short on Bitcoin after $38M losses and liquidations

Market News
03 Nov 2026, 12:37 WIB
Tokenpost
View Source
Bearish
Trader opens $7.19M 40x leveraged short on Bitcoin after $38M losses and liquidations

AguilaTrades opened a 40x leveraged short position on Bitcoin worth about $7.19 million, covering 93.67 BTC with a liquidation price near $77,435. This move follows previous losses exceeding $38 million and multiple forced liquidations. A short position profits if Bitcoin's price falls, but with 40x leverage, even small price moves can cause large gains or losses, increasing risk of liquidation. This highlights the high-risk nature of leveraged trading in volatile crypto markets.

Following AguilaTrades' high-leverage short position on Bitcoin, the cryptocurrency trades at Rp1.399.670.182 on Pluang as of Nov 03, 2026 17:51 WIB, down 1.09% in the last day. The platform shows a strong buy interest with 73% of orders favoring buying over selling. Bitcoin's circulating supply on Pluang is 20.1 million out of a total 21 million BTC, with a market cap of Rp28.061,4 trillion.

More News (BTC)

Bitcoin support set at $76K-$76.6K ahead of U.S. midterms; price forecasts vary by election outcome.

Bitcoin support set at $76K-$76.6K ahead of U.S. midterms; price forecasts vary by election outcome.

Bitcoin's near-term price support is identified between $76,000 and $76,600 ahead of the U.S. midterm elections on Nov. 3, with resistance at $79,500 to $80,500. If Bitcoin falls below support, key moving averages at $75,700 and $73,100 may act as fu...

Technical Signals
Neutral
5 hours ago
XRP and Solana show highest implied volatility at 8.7% for Nov. 1-8 options period

XRP and Solana show highest implied volatility at 8.7% for Nov. 1-8 options period

Options data from Coinbase Markets on Nov. 1 indicates that XRP and Solana have the highest implied volatility among four major crypto assets, each at 8.7% for the period through Nov. 8. This figure estimates potential price movement in either direct...

Technical Signals
Neutral
6 hours ago
Coinbase data shows XRP may swing 8.7% in price by Nov 8, reaching $1.14 to $1.36.

Coinbase data shows XRP may swing 8.7% in price by Nov 8, reaching $1.14 to $1.36.

Options data from Coinbase indicates that XRP could experience an 8.7% price movement, up or down, by November 8. This suggests a potential price range between $1.14 and $1.36, based on implied volatility from options trading. The data reflects marke...

Technical Signals
Neutral
7 hours ago
Bitway leads crypto losses with a 13.82% drop amid broad declines in major coins

Bitway leads crypto losses with a 13.82% drop amid broad declines in major coins

Bitway (BTW) led losses among the top 89 non-stablecoin cryptocurrencies, falling 13.82% to $0.909. Other significant drops included Zcash (ZEC) down 10.95%, NEAR Protocol (NEAR) down 10.79%, and Aave (AAVE) down 7.61%. Despite widespread declines, R...

Market News
Bearish
10 hours ago
$11.6M in Bitcoin long positions liquidated in one hour as price drops 0.66%.

$11.6M in Bitcoin long positions liquidated in one hour as price drops 0.66%.

Bitcoin experienced $11.6 million in long position liquidations within a one-hour period ending at 10:04 p.m. ET on November 2, according to combined data from Binance, Bybit, and OKX exchanges. This liquidation occurred as Bitcoin's price fell from ...

Market News
Bearish
10 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App