Over $1.1 billion in bullish Bitcoin positions were liquidated during a recent crypto market sell-off, driven by leveraged contracts and risk appetite pullback. Despite this, Bitcoin struggles to rebound sustainably due to weak spot buying and institutional outflows, including $430 million from US Bitcoin ETFs. The brief post-election rally was mainly fueled by short-covering, not strong demand, and was wiped out after a tech stock sell-off. The strong US jobs report raises the chance of a Fed rate hike, further dampening Bitcoin's recovery prospects. For a sustained rise, Bitcoin needs renewed spot buying and ETF inflows rather than reliance on derivatives.
Bitcoin bulls losing $1.1 billion in liquidations sets the stage for this market update. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 07, 2026 01:32 WIB: out of 50 priced major cryptocurrencies, 38 rose and 11 fell today. Notable movers include EOS at Rp12.649 with an 8.13% gain, XTZ at Rp4.945 up 7.06% with a 66% buy order activity, and SNX at Rp3.102 rising 4.90% with 82% buy order activity.
Ipsen has disclosed its monthly update on the total number of shares and voting rights as of October 31, 2026. The company reported 83,814,526 shares composing the share capital, with a gross total of 132,059,377 voting rights and a net total of 130,...
Ipsen Pharma has disclosed the total number of shares and voting rights composing its capital as of October 31, 2026. The company reported 83,814,526 shares and a gross total of 132,059,377 voting rights, with a net total of 130,677,690 after excludi...
At its 2026 International User Summit, Chery unveiled its Globalization 3.0 strategy, moving beyond export-driven growth to emphasize deep localization, sustainable development, and community engagement. The company is expanding local R&D, manufactur...
Sodexo disclosed its monthly update on share capital and voting rights as of October 31, 2026. The company has 147,454,887 shares with actual voting rights totaling 216,485,145, reflecting shares with single and double voting rights. This update is p...
Sodexo announced its monthly update on the total number of shares and voting rights as of October 31, 2026. The company has 147,454,887 shares composing its capital, with 216,485,145 exercisable voting rights and 218,335,896 theoretical voting rights...
