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Bitcoin shorts liquidated $96M as price rose 1.13% to $80,290 in one hour on Nov 4

Technical Signals
05 Nov 2026, 11:37 WIB
Tokenpost
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Bullish
Bitcoin shorts liquidated $96M as price rose 1.13% to $80,290 in one hour on Nov 4

During the hour ending at 10:45 a.m. ET on November 4, Bitcoin saw $95.98 million in short positions liquidated as its price increased by 1.13%, rising from $79,393 to $80,290. Total liquidations across Binance, Bybit, and OKX exchanges reached $100.72 million, with short liquidations dominating at about 20 times the long positions. This significant short squeeze highlights strong upward price movement in Bitcoin during that period. The data is limited to these three exchanges and does not represent the entire market.

While the article highlights a sharp short squeeze on Bitcoin with $95.98 million liquidated in one hour, on Pluang Bitcoin trades at Rp1.460.000.000 as of Nov 05, 2026 16:51 WIB, showing a 2.46% gain in the past day. This price is well above typical volatility implied by the 52-week range, supported by strong buying interest with 69% of orders on Pluang being buys. The market cap stands at Rp29.267,57 trillion, indicating robust investor confidence.

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