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Binance liquidates $2.24M BTC short at $74,798 in a single perpetual futures trade

Market News
11 Nov 2026, 17:07 WIB
Tokenpost
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Neutral
Binance liquidates $2.24M BTC short at $74,798 in a single perpetual futures trade

On November 10, Binance's Bitcoin perpetual futures market saw a single short position liquidation valued at $2.24 million. The liquidation price was $74,798, meaning the short position, which profits from price drops, was forcibly closed when Bitcoin's price rose to that level. This event highlights the risks of shorting in volatile crypto markets and may signal strong upward price pressure at that time.

Bitcoin on Pluang trades at Rp1.328.128.026 as of Nov 11, 2026 22:22 WIB. The price is down 1.47% in the last day, with 76% of orders buying and 24% selling. Typical hold time on Pluang is 113 days, showing steady investor interest despite recent volatility.

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