Key Takeaways
- • A single Bitcoin short position worth $2.02 million was liquidated on Binance's perpetual futures market on November 3, 2026, at a price of $77,150, according to Pluang.
- • The liquidation illustrates how large leveraged positions can be forcibly closed when the market moves against them, a risk highlighted for crypto futures traders.
- • Pluang's market snapshot as of November 5, 2026 showed 45 of 50 priced major cryptocurrencies rising and 4 falling, with ALGO up 6.29% and CRV up 6.21%.
- • ETH was reported at Rp44.060.177 with a 5.70% gain, though with 69% sell activity.
Summary
On November 3, 2026, a Bitcoin short position with a notional value of $2.02 million was liquidated on Binance's perpetual futures market at $77,150, according to Pluang. Liquidations of this kind occur when a leveraged position's collateral falls below maintenance requirements as the market moves against it, forcing the exchange to close the trade. The report notes that such events can influence short-term market sentiment and price action, and it cautions traders about leverage risk in crypto futures markets.
Pluang also published a market snapshot as of November 5, 2026, at 00:31 WIB. Of 50 priced major cryptocurrencies, 45 rose and 4 fell. Notable movers included ALGO at Rp1.809, up 6.29% with 94% buy activity; CRV at Rp5.042, up 6.21% with 69% buy activity; and ETH at Rp44.060.177, up 5.70% but with 69% sell activity. The primary source does not provide further detail on the drivers behind the liquidation or the broader price moves.
The article's remaining content consists of unrelated European and biopharma items and is not relevant to the crypto liquidation story.
Pluang also published a market snapshot as of November 5, 2026, at 00:31 WIB. Of 50 priced major cryptocurrencies, 45 rose and 4 fell. Notable movers included ALGO at Rp1.809, up 6.29% with 94% buy activity; CRV at Rp5.042, up 6.21% with 69% buy activity; and ETH at Rp44.060.177, up 5.70% but with 69% sell activity. The primary source does not provide further detail on the drivers behind the liquidation or the broader price moves.
The article's remaining content consists of unrelated European and biopharma items and is not relevant to the crypto liquidation story.
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