Trader 0x4b62 faced six liquidations on a Bitcoin short position totaling 199.83 BTC, worth $15.45 million, during a two-hour period as Bitcoin's price rebounded above $78,000. Despite these liquidations, the trader still holds a short position of 70.99 BTC valued at $5.5 million, with a new liquidation price set at $78,192.79. These liquidations are specific to this trader and do not reflect the broader Bitcoin market liquidations. This event highlights the volatility and risk involved in shorting Bitcoin at high price levels.
Bitcoin trader 0x4b62 experienced six liquidations totaling 199.83 BTC, worth $15.45 million, during a sharp price rebound. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 05, 2026 02:42 WIB: out of 50 major cryptocurrencies, 42 rose and 7 fell. Notable movers include BAT at Rp2.502 (+9.02%), EOS at Rp12.649 (+8.13%), and CAKE at Rp36.453 (+6.88%), with BAT showing 83% sell activity on Pluang.
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