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Avalanche (AVAX) drops 3.18% in one hour amid $1.58M long liquidations on major exchanges

Market News
09 Nov 2026, 00:10 WIB
Tokenpost
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Bearish
Avalanche (AVAX) drops 3.18% in one hour amid $1.58M long liquidations on major exchanges

Avalanche (AVAX) experienced a 3.18% price drop within one hour, falling to $7.93 on Binance spot trading. During the same period, long liquidations across Binance, Bybit, and OKX totaled $1.58 million, while no short liquidations occurred. This decline is part of a broader 24-hour loss of 3.36%, placing Avalanche 28th in market capitalization at around $3.61 billion. The significant liquidations highlight increased selling pressure on AVAX in the short term.

Avalanche holds a market cap of Rp65.8 trillion on Pluang as of Nov 09, 2026 05:21 WIB, with a 24-hour trading volume of Rp2.85 trillion. The token's price on Pluang is Rp143,708, down 2.79% over the past day, slightly less than the 3.36% drop noted in the article. Pluang users show a selling bias with 67% of orders as sell and a typical hold time of 88 days, indicating active trading amid recent volatility.

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