A single Bitcoin (BTC) long position valued at $3.12 million was liquidated on Binance's perpetual futures market at a price of $80,419 on October 24. This liquidation means the position was forcibly closed because the price did not move in favor of the long bet. The event highlights the risks of leveraged trading in crypto futures, where positions can be closed automatically if market moves against them. This was a single liquidation event, not a combined figure of multiple positions, emphasizing the volatility and risk in BTC futures trading.
The liquidation of a $3.12 million Bitcoin long on Binance underscores the high volatility in crypto futures markets. On Pluang, Bitcoin trades at Rp1.451.055.431 as of Oct 25, 2026 02:21 WIB, down 1.12% in the past day. Market activity shows 63% of orders are buys, with a typical hold time of 112 days, indicating steady investor interest despite short-term price swings.
On October 24, Bitcoin and Ether prices declined by 1.31% and 1.52%, trading at $80,669.49 and $2,367.01 respectively. The funding rates for their perpetual futures contracts hovered between broadly bullish and bearish levels, indicating mixed market...
MemeCore (M) surged 25.65% to $1.12 in 24 hours, topping gains among the 90 largest cryptocurrencies by market cap, excluding stablecoins. It ranks 41st in market cap, with 76 of the top 90 cryptos declining and only 14 rising. Meanwhile, Bitcoin and...
Ether dropped 4.38% to $2,297.96, slipping below the $2,300 support level, while Bitcoin fell 2.41% to $79,543 amid a broad retreat from risk affecting most major cryptocurrencies. The decline is driven by a lack of ETF inflows, significant liquidati...
Ether (ETH) holds the largest share of long accounts among five major cryptocurrencies at 75.9%, followed closely by XRP at 75.7%. All five markets show more long than short accounts, with Ether also having the highest positive funding rate of 0.0049...
Bitcoin (BTC), the leading cryptocurrency by market capitalization, crossed the $80,000 price mark, reaching $80,209 on Binance's spot market at 12:55 p.m. ET on October 24. This milestone reflects a 0.71% increase over the previous hour, indicating ...
