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Litecoin price drops 4.38% in one hour amid $560K long liquidations on major exchanges

Market News
05 Nov 2026, 18:05 WIB
Tokenpost
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Bearish
Litecoin price drops 4.38% in one hour amid $560K long liquidations on major exchanges

Litecoin (LTC) experienced a sharp decline of 4.38% within one hour, falling from $54.07 to $51.70 on Binance's spot market. This drop is part of a broader 8.40% decrease over the past 24 hours. During this hour, long positions worth $560,000 were liquidated across Binance, Bybit, and OKX, while no short liquidations occurred. Litecoin remains the 25th largest cryptocurrency by market capitalization, valued at approximately $4.15 billion. This price movement highlights increased selling pressure and volatility in the Litecoin market.

Litecoin is down 7.36% on Pluang as of Nov 05, 2026 23:22 WIB, a steeper decline than the 4.38% drop noted on Binance within one hour. The current price on Pluang is Rp947.477, contrasting with the article's USD price of $51.70. Pluang data also shows a high sell order activity of 82%, indicating strong selling pressure compared to the 18% buy activity, with a typical hold time of 79 days among investors.

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