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Trader on Hyperliquid faces $39M loss on $19.91M Bitcoin short with liquidation near.

Market News
12 Nov 2026, 08:14 WIB
Tokenpost
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Neutral
Trader on Hyperliquid faces $39M loss on $19.91M Bitcoin short with liquidation near.

On November 11, a trader on Hyperliquid held a $19.91 million Bitcoin short position using 40x leverage, with the liquidation price just 0.44% away. The trader's cumulative losses reached $39.09 million, highlighting the high risk of leveraged crypto trading. Earlier, the same account experienced a liquidation loss of $50,900. This situation underscores the volatility and potential for significant losses in leveraged Bitcoin trading.

Bitcoin's market cap stands at Rp26.969,28 trillion as of November 12, 2026, 13:21 WIB, with a 24-hour trading volume of Rp433,53 trillion on Pluang. The cryptocurrency is trading at Rp1.334.086.841, showing a slight 0.06% decrease in the last day. Pluang users currently favor buying Bitcoin, with 72% of order activity on the platform being buys, and the typical holding period is 113 days. This data highlights the ongoing active interest in Bitcoin despite recent volatility.

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