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Pump.fun (PUMP) token drops 5.74% in one hour amid $240K long liquidations

Market News
10 Nov 2026, 18:05 WIB
Tokenpost
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Bearish
Pump.fun (PUMP) token drops 5.74% in one hour amid $240K long liquidations

Pump.fun (PUMP) token fell 5.74% within one hour to $0.0034 on Binance, marking a 7.36% decline over 24 hours. This drop coincided with $240,000 in long position liquidations across Binance, Bybit, and OKX, while no short positions were liquidated. PUMP ranks 55th by market cap at about $1.65 billion. The price movement and liquidations highlight volatility and potential selling pressure in the token's market.

Following the recent sharp drop in Pump.fun (PUMP) on Binance, the token is also down 5.84% on Pluang, trading at Rp62 as of Nov 10, 2026 23:22 WIB. The market cap on Pluang stands at Rp28,62 trillion with a 24-hour trading volume of Rp1,5 trillion. Notably, 41% of Pluang's order activity is selling while 59% is buying, and the typical hold time for PUMP investors on the platform is 28 days.

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