Crypto traders experienced $691 million in liquidations within one hour, primarily from long positions, as Bitcoin briefly dropped below $64,000. Long positions accounted for about 97% of the total liquidations, highlighting a significant sell-off from traders betting on price increases. This event underscores the volatility in the crypto market and the risks of leveraged trading. Investors should watch Bitcoin's price movements closely as such rapid shifts can trigger large-scale liquidations.
Crypto liquidations reached $691 million in one hour as Bitcoin dipped, providing context for market volatility. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 15, 2026 03:51 WIB: out of 50 priced major cryptocurrencies, 4 rose and 45 fell. Notable movers include ENJ at Rp345 with a -11.24% change, BAL at Rp16.297 up 11.14%, and AXS at Rp12.334 down -11.05%.
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Bitcoin's price fell below $64,000 and Ethereum approached $1,800 due to institutional withdrawals, a record $11.5 billion stablecoin liquidity contraction, and rising fears of Federal Reserve interest rate hikes. These factors have reduced buying po...
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