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Bitcoin and Ether plunge sharply, triggering $745M in crypto liquidations in one hour

Market News
09 Nov 2026, 01:43 WIB
Tokenpost
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Bearish
Bitcoin and Ether plunge sharply, triggering $745M in crypto liquidations in one hour

Bitcoin briefly dropped to $73,510 in a rapid 15-minute decline, causing about $745 million in crypto liquidations, mostly from long positions. Bitcoin fell 2.77% before recovering near $75,418, while Ether plunged 7.3% to $2,060 and remained weaker after rebounding. The sell-off heavily impacted long bets, with Bitcoin and Ether liquidations totaling $572 million. This volatility highlights risks in crypto trading, especially near key market closes.

Bitcoin's recent price drop is contextualized by Pluang's market data showing a broad downturn among major cryptocurrencies. For readers following crypto markets, here is Pluang's snapshot as of Nov 09, 2026 06:31 WIB: out of 50 major cryptocurrencies, only 4 rose while 45 fell. Notable movers include XTZ (Tezos) down 5.18% with a typical hold time of 101 days and a Pluang order activity of 90% Sell / 10% Buy, FIL (Filecoin) down 4.89% with 100 days hold time and 84% Sell / 16% Buy, and KSM (Kusama) down 4.80% with 81 days hold time.

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