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Bitcoin long liquidations hit $41.41M in one hour as price dips 0.63% on Nov 12

Market News
12 Nov 2026, 20:32 WIB
Tokenpost
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Bearish
Bitcoin long liquidations hit $41.41M in one hour as price dips 0.63% on Nov 12

Bitcoin long-position liquidations reached $41.41 million within one hour ending 9:35 a.m. ET on Nov. 12, primarily across Binance, Bybit, and OKX exchanges. This surge in liquidations coincided with a 0.63% price drop from $72,675 to $72,221 during the same period. Short-position liquidations were minimal at $410,000. These figures highlight significant trader losses on long bets amid a slight market pullback, reflecting volatility in the largest cryptocurrency by market cap.

While Bitcoin long liquidations surged by $41.41 million in one hour as reported, on Pluang Bitcoin trades at Rp1.300.000.000 with a 3.42% decline over the past day as of Nov 13, 2026 01:51 WIB. This drop contrasts with the brief 0.63% fall noted in the article, showing a larger downward move on Pluang. Despite this, buying interest remains strong with 73% of orders as buys, and the average holding period is 113 days, indicating longer-term investor confidence amid recent volatility.

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