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Bitcoin long liquidations hit $50M as price drops 0.85% in one hour

Market News
13 Nov 2026, 05:00 WIB
Tokenpost
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Bearish
Bitcoin long liquidations hit $50M as price drops 0.85% in one hour

Bitcoin experienced $50.04 million in long position liquidations within an hour ending at 9:56 p.m. ET on November 12, coinciding with a 0.85% price decline from $70,905 to $70,305. Data from Binance, Bybit, and OKX show that long liquidations vastly outnumbered short liquidations, which totaled only $150,000. This significant liquidation event highlights increased selling pressure on long Bitcoin positions during the price dip. The figures represent activity on these three exchanges and not the entire market.

Bitcoin long liquidations reached $50.04 million in one hour, providing context for market activity. For readers following the broader cryptocurrency market, 15 of 50 major cryptocurrencies on Pluang rose while 34 fell, with BAT up 4.72%, BNB down 4.29%, and ENJ down 4.18% as of Nov 13, 2026 09:41 WIB.

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