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Ether price drops below $2,125, triggering $118M in long position liquidations

Technical Signals
12 Nov 2026, 01:34 WIB
Tokenpost
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Bearish
Ether price drops below $2,125, triggering $118M in long position liquidations

Ether (ETH) price fell sharply below the $2,125–$2,150 liquidation zone on November 9, causing about $118 million in long positions linked to two addresses to be liquidated within one minute. The drop from $2,158.60 to $2,058.50 triggered these liquidations, resulting in cumulative losses of approximately $27.18 million for those addresses. Ether's price later declined further to $2,003.70, about 10.2% below the previously noted level of $2,230. This event highlights the downside risk and concentration of potential long liquidations in the market, with a notable imbalance favoring long over short liquidation exposure.

Ether (ETH) price movements provide context for the broader cryptocurrency market. For readers following crypto, here is Pluang's market snapshot as of Nov 12, 2026 06:31 WIB: Among 50 major cryptocurrencies priced on Pluang, 14 rose and 35 fell today. Notable movers include SUSHI (SushiSwap) at Rp3.059 with a 1-day change of -3.34% and a typical hold time of 103 days, BAT (Basic Attention Token) at Rp2.149 with a 1-day change of -3.18% and Pluang order activity showing 19% Sell / 81% Buy, and LUNC (Terra Classic) at Rp0,688 with a 1-day change of -3.11% and Pluang order activity 8% Sell / 92% Buy.

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