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Ether long positions worth $20.79M liquidated as price drops 1.77% in one hour

Technical Signals
07 Nov 2026, 01:10 WIB
Tokenpost
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Bearish
Ether long positions worth $20.79M liquidated as price drops 1.77% in one hour

Ether (ETH) long positions totaling $20.79 million were liquidated within one hour ending at 9:55 a.m. ET on Nov. 5, as the price fell 1.77% from $2,390 to $2,348. The total liquidation across Binance, Bybit, and OKX was $21.82 million, with long positions making up the majority. This data reflects only these three exchanges and highlights significant short-term volatility in the second-largest cryptocurrency by market cap. Such liquidations can impact trader sentiment and market dynamics in the near term.

Ethereum trades at Rp40.395.960 on Pluang as of Nov 07, 2026 06:22 WIB, showing a modest 0.35% gain in the past day. This follows recent volatility highlighted by large Ether long liquidations reported on major exchanges. Despite this, Pluang users show a balanced order activity with 52% selling and 48% buying, and a typical hold time of 108 days, indicating steady investor engagement.

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