Bitcoin fell to $75,568 and Ether dropped to $2,237, triggering forced liquidations of leveraged positions totaling about $1.033 billion over 24 hours. Most liquidations were long positions, indicating many traders bet on price rises but were caught off guard by the declines. The largest single liquidation was an ETHUSDT position worth nearly $11 million on Binance. This sharp drop and mass liquidation reflect heightened volatility and risk in crypto markets, signaling caution for leveraged traders going forward.
Bitcoin's recent sharp decline triggered over $1 billion in crypto liquidations within 24 hours. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 07, 2026 08:21 WIB: Among 50 major cryptocurrencies, 37 rose and 12 fell today. Notable gainers include BAL (Balancer) up 11.14% at Rp16.297, EOS (EOS.IO) up 8.13% at Rp12.649, and XTZ (Tezos) up 8.03% at Rp4.883 with a typical hold time of 101 days and a 34% sell / 66% buy order activity split on Pluang.
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