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Ether longs worth $11.59M liquidated as ETH price drops 1.24% in one hour

Technical Signals
07 Nov 2026, 16:54 WIB
Tokenpost
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Bearish
Ether longs worth $11.59M liquidated as ETH price drops 1.24% in one hour

Ether (ETH) experienced $11.59 million in long position liquidations within an hour ending at 6:10 p.m. ET on Nov. 5, part of a total $13.16 million liquidated across Binance, Bybit, and OKX exchanges. The price of ETH fell from $2,236 to $2,208, a 1.24% decline during this period. Long liquidations were significantly higher than short liquidations, indicating a notable sell-off in bullish bets. This event highlights short-term volatility in the Ether market, which is the second largest cryptocurrency by market capitalization.

Ether's recent $11.59 million long liquidation event provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 07, 2026 20:41 WIB: Out of 50 major cryptocurrencies priced on Pluang, 13 rose and 36 fell today. Notable movers include BAT at Rp2.250 with a 1-day change of -6.20% and Pluang order activity showing 88% sell, EGLD at Rp57.006 down 3.73% with 4% sell and 96% buy activity, and GRT at Rp343 down 3.57% with 46% sell and 54% buy activity.

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