FeesSafety
Pluang+

$370M in crypto leveraged positions liquidated; Bitcoin and Ether briefly dip before partial recovery

Market News
05 Nov 2026, 17:27 WIB
Tokenpost
View Source
Bearish
$370M in crypto leveraged positions liquidated; Bitcoin and Ether briefly dip before partial recovery

Within one hour, $370 million worth of leveraged crypto positions were liquidated, causing Bitcoin to fall below $77,000 and Ether to drop under $2,300. Both cryptocurrencies later recovered some losses but experienced significant volatility due to the rapid sell-off. This event highlights how high leverage can amplify price swings and pressure during forced liquidations, underscoring the risks in crypto markets when large positions are quickly closed.

The recent sharp drop in Bitcoin and Ether follows a $370 million liquidation of leveraged crypto positions. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 05, 2026 21:51 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell today. Notable movers include ZIL down 9.62% at Rp30, EOS up 8.13% at Rp12,649, and XTZ up 5.25% at Rp4,850.

More News

Hyperscalers invest hundreds of billions to boost AI data center accelerators amid rising demand.

Hyperscalers invest hundreds of billions to boost AI data center accelerators amid rising demand.

Global tech giants like Amazon, Google, and Microsoft are committing hundreds of billions of dollars to expand AI-focused data center accelerators, driven by surging demand from generative AI workloads that exceed traditional CPU capabilities. These ...

Market News
Bullish
51 minutes ago
Berkshire Hathaway's stock portfolio value triples its purchase cost, gains equal 19% of company value.

Berkshire Hathaway's stock portfolio value triples its purchase cost, gains equal 19% of company value.

Berkshire Hathaway's stock portfolio is now worth about three times what the company originally paid for it. These gains alone represent roughly 19% of Berkshire Hathaway's total company value, highlighting the significant growth and value generated ...

Analyst Insights
Bullish
1 hour ago
C3is Inc. announces 1-for-5 reverse stock split to meet Nasdaq listing price requirements

C3is Inc. announces 1-for-5 reverse stock split to meet Nasdaq listing price requirements

C3is Inc. will implement a one-for-five reverse stock split effective November 9, 2026, reducing its outstanding shares from about 4.2 million to 0.84 million. This move aims to increase the stock price to meet Nasdaq's minimum bid price requirement ...

Company Fundamentals
Neutral
1 hour ago
Firmly raises $15M Series A to expand AI-powered commerce platform and launches Ask Agent for easier merchant adoption.

Firmly raises $15M Series A to expand AI-powered commerce platform and launches Ask Agent for easier merchant adoption.

Firmly secured $15 million in a Series A funding round led by Squarepoint Capital, with participation from J.P. Morgan Payments, Mastercard, and Samsung NEXT. The company provides a no-code platform that connects merchants to AI-driven shopping chann...

Company Fundamentals
Bullish
1 hour ago
Shell buys back over 1.8 million shares as part of its ongoing repurchase program.

Shell buys back over 1.8 million shares as part of its ongoing repurchase program.

On November 4, 2026, Shell plc repurchased a total of 1,876,276 shares across multiple trading venues including LSE, Chi-X, BATS, XAMS, CBOE, and TQEX. The shares were bought at prices ranging from £37.98 to £38.82 and €45.70 to €46.72, with an avera...

Company Fundamentals
Neutral
2 hours ago
banner-footerbanner-footer

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