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Ether (ETH) price drops 2.64% to $1,993 amid heavy long liquidations

Market News
12 Nov 2026, 16:24 WIB
Tokenpost
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Bearish
Ether (ETH) price drops 2.64% to $1,993 amid heavy long liquidations

Ether (ETH) fell 2.64% over four hours to $1,993, dropping $54 from an earlier price of $2,047. The 24-hour decline was slightly larger at 2.76%. Heavy liquidations occurred with $4.65 million in total, mostly from long positions, which were about nine times the short liquidations. Ether remains the second largest cryptocurrency by market cap, valued at around $245.1 billion, highlighting ongoing volatility in the digital asset market.

Ether's market cap stands at about $245.1 billion, providing context for its recent price drop to $1,993. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 12, 2026 21:32 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include XTZ at Rp4.200 with a 1-day change of -4.72% and 99% sell order activity, DOT at Rp14.903 down 4.65% with 77% buy order activity, and CAKE at Rp31.548 down 4.53% with 88% sell order activity.

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