Bitcoin Trades Below Strategy’s Average Cost as Large BTC and ETH Longs Are Liquidated

Bitcoin traded at $75,368, below Strategy’s reported average purchase price of $75,451 per BTC, in ChainCatcher’s market roundup published on November 10, 2026, at 08:00:08 UTC+8. The roundup also reported roughly $140 million in forced liquidations of one large trader’s Bitcoin and Ether long positions.

Bitcoin’s 24-hour snapshot

At the time of the report, Bitcoin was up 0.7% over the preceding 24 hours, with a high of $75,599 and a low of $73,750. The crypto Fear and Greed Index stood at 30, indicating fear.

The roundup also recorded gains in U.S. equities at the November 9 close:

  • S&P 500: 7,549.94, up 2.3%.
  • Nasdaq Composite: 25,253.14, up 2.7%.
  • Dow Jones Industrial Average: 52,389.75, up 2.2%.

Strategy’s holdings show a reported $500 million unrealized loss

Citing The Defiant, ChainCatcher reported that Bitcoin had fallen below Strategy’s average acquisition cost of $75,451 per coin.

Strategy held 849,327 BTC, purchased for $64.08 billion. The report valued those holdings at approximately $63.58 billion, putting their value about $500 million below acquisition cost. That figure represented an unrealized loss on the holdings, not a reported sale or realized loss.

Large leveraged positions face forced closure

According to monitoring by on-chain analyst 余烬, a large trader who had previously held approximately $253 million in long positions suffered substantial liquidations during a market decline.

About $140 million in BTC and ETH longs were forcibly closed, with reported realized losses exceeding $49 million. The roundup did not provide a Bitcoin-versus-Ether breakdown of the liquidated positions.

These figures describe the market conditions and positions reported in the November 10 roundup; they do not establish a subsequent price direction for Bitcoin.

Original source: ChainCatcher, published November 10, 2026, at 08:00:08 UTC+8.

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