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Bitcoin long positions worth $19.07M liquidated as BTC price drops 1.02% in one hour

Technical Signals
07 Nov 2026, 00:39 WIB
Tokenpost
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Bearish
Bitcoin long positions worth $19.07M liquidated as BTC price drops 1.02% in one hour

Bitcoin experienced significant liquidations of long positions totaling $19.07 million during a one-hour period ending at 9:40 a.m. ET on Nov. 5. This liquidation occurred as Bitcoin's price fell by 1.02%, dropping from $79,746 to $78,936. The data, aggregated from Binance, Bybit, and OKX exchanges, shows that long liquidations made up 97.5% of the total $19.55 million liquidated across these platforms. This event highlights the volatility in Bitcoin trading and the risks of leveraged long positions in the crypto market.

While the article highlights a sharp $19.07 million liquidation of Bitcoin longs in one hour, on Pluang as of Nov 07, 2026 06:01 WIB, Bitcoin trades at Rp1.372.668.175 with a modest 1-day decline of 0.17%. This contrasts with the intense short-term volatility noted in the news. Bitcoin's circulating supply on Pluang stands at 20.1 million BTC, representing 96% of the total 21 million BTC, and the platform shows a balanced order activity with 53% buying and 47% selling, reflecting steady investor interest despite recent price swings.

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